Cognition2026-09-29 03:23:33Cognition cuts Devin usage costs again as Fusion tops its in-house benchmarkCognition has rolled out another round of cost reductions for Devin, its AI coding agent that can read code, modify it, run tests, and complete development tasks. According to the update carried by BlockBeats, usage costs for Devin’s Fusion and Normal modes were reduced by 30% to 40%, while Ultra saw a 15% to 20% cut. Devin Review posted the steepest drop, with costs reduced by as much as 70%. The company also outlined changes to Devin’s execution framework. It said the system now combines multiple commands into a single call, runs independent steps in parallel, and makes greater use of context caching to reduce repeated computation and model calls. Fusion, described as Devin’s multi-model collaboration mode, assigns stronger models to planning and checking, while lower-cost models handle execution. Alongside the lower costs, Cognition reported stronger internal benchmark results. On its self-built FrontierCode 1.1 Extended benchmark, Devin Fusion scored 68.8 points with an average cost of $0.60 per task, placing it in the top spot on that benchmark.320
primary marke2026-08-24 03:43:09Why Primary Market Capital Is Chasing "Certainty" as 19 New $10 Billion-Plus Unicorns EmergeChina’s primary market is showing a sharp split in 2026. While venture investors are still grappling with hard fundraising and even harder exits, money is no longer flowing evenly across the market. Instead, capital is crowding into a small group of sectors that appear to offer clearer paths to value realization, including large AI models, embodied intelligence, fusion, and quantum computing. According to incomplete statistics cited from Yicai, China added 19 embodied intelligence companies with valuations above RMB 10 billion in the first half of 2026 alone. Several, including Galaxy General, Zibianliang, Zhipingfang, and Xinghaitu, have already crossed RMB 20 billion. In AI, Moonshot AI’s valuation rose from about $10 billion at the start of the year to $35 billion after a July Series F of more than $3.5 billion, and its disclosed target pre-IPO valuation later climbed to $50 billion. The article argues that what investors are increasingly paying for is not just long-term technology upside. They are also paying for nearness to exit, public-market valuation benchmarks, scarcity in favored sectors, and the expectation that the next financing round will come at a higher price. That shift, it says, means risk in the primary market has not disappeared. It has moved from technology uncertainty toward valuation and exit risk.1140
Trump Media2026-08-12 02:19:04Trump Media posts wider Q2 loss as it leans on Bitcoin, market data and a fusion dealTrump Media & Technology Group reported just $1.6697 million in second-quarter revenue, up about 89% year over year, while net loss widened to $238.1 million. The filing showed that the biggest hit came from digital asset and investment losses rather than core operating costs. At the same time, the company’s original Truth Social advertising business declined, even as headline revenue rose on the back of a barter advertising agreement, Truth+ Patriot Package subscriptions and ETF management fees. The company is also reshaping its balance sheet and business mix. After scrapping a planned CRO treasury vehicle with Crypto.com and Yorkville, Trump Media disclosed that it sold roughly $159.6 million of Bitcoin-related equity securities in July and used the proceeds to buy spot BTC, lifting its holdings to about 14,139 Bitcoin as of July 31. Separately, it launched Truth API on Aug. 1, offering low-latency access to public posts from high-profile Truth Social accounts for institutional clients. Management said more than 10 customer agreements have already been signed. Longer term, Trump Media is tying its future to TAE Technologies, a U.S. fusion company it agreed to merge with in an all-stock deal announced at more than $6 billion. The result is a company that now spans political media distribution, digital assets, institutional data sales and fusion technology under one public structure.510
fusion2026-07-24 02:40:16Helion, Backed by Sam Altman, Raises $465M at $15.5B Valuation, Targets 2028 for Microsoft PowerHelion, the fusion startup in which Sam Altman holds about one-third stake, closed a $465M Series G at a $15.5B valuation and aims to deliver at least 50 MW of commercial fusion power to Microsoft's data center by 2028 under the industry's first fusion PPA.280
1inch2026-07-16 14:30:211inch co-founder Anton Bukov steps away from project operations1inch co-founder Anton Bukov has left the project, according to a post on X cited by Odaily and attributed to Pagga co-founder Alex. Bukov was described as the architect behind several core parts of 1inch, including the 1inch Router, Fusion and its cross-chain swap design. Despite stepping away, he will keep his status as co-founder and retain a 50% equity stake in the project. The update also said he will no longer be involved in operations, product architecture or security-related work at 1inch. Separately, Bukov has launched a new independent DeFi infrastructure company called Second Tier. The new venture is focused on building systems that connect users’ economic intent with on-chain execution. No other details were provided in the source material.1860
