AI Unicorn Cognition Completes $1 Billion Financing, Valuation Surges to $26 Billion
On May 27, autonomous driving AI software firm Cognition raised over $1 billion, reaching a post-investment valuation of $26 billion. Just eight months earlier, its valuation was around $10.2 billion, a surge of over $15 billion, highlighting the capital market's frenzy for AI programming.....