AI Programmer Devin's parent company Cognition In less than half a year, AIValuationIt has soared to 2 billion US dollars, and the founding team has 10 IOI gold medals, demonstrating its strong strength.
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In contrast, other companies such as Perlexity AI and Mistral AI are valued at only around $1 billion to $2 billion after years of development, showing the rapid rise of Cognition AI and the peculiarity of its high valuation. If the financing is completed at this valuation, Cognition AI's valuation will be six times what it was a few weeks ago. People familiar with the matter said that Silicon Valley venture capital firms such as Founders Fund are in talks to invest in this round of financing. The new financing agreement has not yet been finalized and the terms may change.
However, a report by Sequoia revealed a phenomenon in the AI industry: AI companies have spent more than $50 billion on purchasing GPUs, but the actual revenue generated is only about $3 billion. This has sparked discussions about the AI bubble, with some people worrying that excessive capital investment may lead to a bubble burst, similar to the situation in the cryptocurrency market.
DeepMind founder Hassiabis also warned that AI breakthroughs that could truly change human science are not receiving enough attention.