Cognition says funding has topped $2 billion at a $48 billion valuation

According to ChainCatcher, citing a person familiar with the matter, artificial intelligence startup Cognition said its total funding has exceeded $2 billion and that its valuation has reached $48 billion. The source material did not disclose the timing of the financing, the investors involved, or other deal terms. The report was presented as a brief newsflash and contained no additional background beyond the funding total and valuation figure. As provided in the original item, the information was attributed to a source rather than a formal company announcement included in the text.