AI Startup Cognition Set to Raise Around $1 Billion at a $47 Billion Value

2026-09-02

Cognition is set to close a new round of funding of around $1 billion. The final raise size may exceed that amount as Cognition is fielding outsized demand for the round. The startup is now bringing in more than $900 million in annualized revenue. The new funding round would vault its valuation to about $47 billion.