DEVIN AI AGENT
‘Trust was violated’: AI startup Factory fires adviser accused of spying for rival Cognition
Former adviser Chris Degnan has disputed the allegations, saying he resigned from his role after telling Factory CEO Matan Grinberg that he was joining Cognition as its chief revenue officer.
AI startup Cognition in new funding talks at $40 billion value
Cognition would be expected to raise over $1 billion in the round, Bloomberg reported. The company may still decide not to raise capital, or seek financing with different terms. Founded in 2023, Cognition is backed by top venture firms including General Catalyst and Peter Thiel’s Founders Fund.
Inside Cursor's journey to a $60 billion deal with Elon Musk’s SpaceX
SpaceX has acquired AI coding assistant Cursor for $60 billion in an all-stock deal, significantly bolstering its AI ambitions. This move positions SpaceX strongly in the AI coding tools segment, competing with giants like OpenAI and Anthropic. Cursor, cofounded by Indian-origin entrepreneur Aman Sanger, boasts substantial annual revenue and a growing user base.
AI coding startup Cognition raises $1 billion at $26 billion value
AI startup Cognition has secured over one billion dollars in a new funding round. This brings its valuation to a massive twenty-six billion dollars. Their AI agent, Devin, automates programming for engineers. This funding highlights strong investor interest in AI for software development. Cognition plans to use the funds to enhance its AI models and customer experience.
Internet roasts Claude Opus 4.7 as it flunks viral car wash puzzle in bizarre blunder
Claude Opus 4.7 fails car wash puzzle: Anthropic launched Claude Opus 4.7, its most powerful generally available model for advanced software engineering. Despite improvements, a viral "car wash" puzzle highlighted a reasoning gap, sparking debate about AI's common sense. This incident contrasts with Mythos Preview, Anthropic's more advanced, yet restricted, cybersecurity model.
Goldman Sachs deploys Claude AI for trade accounting, compliance, and onboarding — Has a new era of investment banking begun as Anthropic powers core operations?
After six months of in-house development, Goldman Sachs is deploying autonomous AI agents powered by Anthropic’s Claude Opus 4.6. The agents now handle trade accounting, compliance, and onboarding. CIO Marco Argenti confirms the shift beyond coding. Markets reacted fast. Investors fear banks cutting SaaS vendors. Enterprise software stocks face fresh pressure.
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Infosys shares in focus following strategic AI partnership with Cognition
The integration of Infosys Topaz Fabric and Cognition’s autonomous engineering tech is expected to fast-track software development and modernisation.
Infosys, Cognition join hands to push AI software engineer 'Devin' across global enterprises
Infosys and Cognition announced a partnership to scale latter's AI coding engineer, Devin, to organisations. The collaboration will deploy Devin across Infosys' internal engineering ecosystem as well as client engagements globally.
Young billionaire urges teens to put all their time into 'vibe coding,' but a new report calls AI coding massively overhyped. What’s really going on?
Scale AI co-founder Alexandr Wang urges teens to spend all their time “vibe coding,” comparing it to the early personal computing era. However, Bain & Company’s 2025 report shows generative AI in software development delivers only modest productivity gains, sometimes slowing developers. Misleading outputs and incomplete agentic AI tools highlight the limits. Experts like Andrew Ng emphasize traditional coding remains essential, warning that AI hype outpaces practical results and teens must balance enthusiasm with real skills.
Cognition AI cinches $10 billion valuation with new funding
The latest round was led by Founders Fund, the venture capital firm backed by Peter Thiel, and included existing investors such as Lux Capital, Joe Lonsdale’s 8VC, Elad Gil, Definition Capital and Swish Ventures, the company said Monday.
Beyond deadlines and dreams: A parent’s role in the admissions journey
In 2025, college admissions are fraught with AI disruption, economic uncertainty, and emotional stress. Parents, aiming to assist, often unintentionally add pressure. Students need emotional support, collaborative problem-solving, and a focus on fit over prestige. Active listening, validation, and financial transparency are key to empowering students during this challenging process.
Siri-ously? AI Got Clever, Not Conscious
2025 was the turning point of the AI revolution, a time when computers began to approach human-like thinking but fell short in significant respects. This year highlighted AI's strengths, as well as its obvious weaknesses, particularly with emotional comprehension and ethical decision-making.
End of six-figure coding jobs? Meet Devin: Goldman’s new AI engineer that works like a human, but for no salary
Goldman Sachs is integrating Devin, an AI-powered software developer, to enhance worker productivity, potentially quadrupling output. This move signals a shift towards a hybrid workforce where AI and humans collaborate. While Goldman Sachs continues to hire engineers, the rise of AI may particularly impact entry-level positions, prompting concerns about future job security in white-collar roles.
Will AI eat up career of coders? Rs 9,000 crore company founder claims most techies lack complexity, write 'boiler plate' codes
The rise of AI in coding has sparked debates about its impact on programmers. While AI can handle repetitive coding tasks, experts like Zoho's Sridhar Vembu emphasize that human intuition and problem-solving remain crucial. AI tools enhance efficiency but won't fully replace creative developers.
Prompt in progress: GenAI text-to-code tools boost productivity
Gen AI text-to-code tools hold promise of up to a 50% gain in productivity. Top IT firms are also embracing them for efficiency. But as Himanshi Lohchab and Beena Parmar find, the road to large-scale adoption is still dotted with caution.
New AI law to protect Indian publishers; Navi eyes $2 billion valuation
News publishers in India have been seeking changes to the information technology rules to ensure fair compensation for the use of their content by generative AI models. The Digital News Publishers Association (DNPA) grouping has sent a letter and made representations to the ministries of electronics and information technology, and information and broadcasting, seeking protection from likely copyright violations by AI models, ET reported in January.
Meet Devika, India’s first AI engineer who can do it all
Devika, India's AI engineer, competes with US's Devin using LLMs. It assists developers, plans to add multimodal features. Mufeed, a cybersecurity enthusiast, founded Lyminal, Stition, focusing on CodeSentry for automated secure operations.
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