Cognition annualized revenue rises to nearly $900 million

U.S.-based AI coding startup Cognition has lifted its annualized revenue from $492 million to nearly $900 million, according to a Techub News item citing Tech in Asia. The new figure marks an almost twofold increase from the earlier level. Separately, the company recently completed a $2 billion funding round led by Andreessen Horowitz, known as A16z, and Accel. The update centers on two disclosed points: a sharp increase in annualized revenue and the completion of a large new financing round. No additional operating details were provided in the source text.