AI startup Cognition seeks $1B at $47B valuation
Cognition, an artificial intelligence startup, is reportedly in talks to secure approximately $1 billion in new funding. The round would value the company at around $47 billion, according to unnamed sources familiar with the discussions.
Sources: theedgesingapore.com
“A $47 billion valuation for a stealth-stage AI startup underscores the froth in early-stage AI funding, even as public market appetite for unproven tech wanes elsewhere.”
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- AI startup Cognition set to raise around US$1 bil at a US$47 bil value — Bloomberg — theedgesingapore.com
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