AI coding company Cognition is in talks to raise funds at a valuation of $25 billion.

CoinFeed reported on April 24th that, according to Jinshi, foreign media, citing sources familiar with the matter, revealed that Cognition AI is in the early stages of negotiations for a new round of financing. The company leverages the growing demand for its generative artificial intelligence technology developed through software, and this round of financing would more than double its valuation to $25 billion. One source indicated that the AI ​​coding startup aims to raise hundreds of millions of dollars or more. Negotiations are ongoing, and the terms are subject to change.