Cognition reportedly receives funding offers valuing it at $70B to $80BMachine translation

Cognition has received investor offers valuing it at $70B to $80B and is seriously considering a round before year-end, though talks are early and terms could change. Those offers came weeks after Cognition raised more than $2B at a $48B valuation in September. At $70B to $80B, investors would pay about 78x to 89x that revenue figure, up from 53x at $48B. The range would also top the $60B SpaceX paid in stock for Cursor maker Anysphere, which passed $2B in annualized revenue by February. That deal took Cursor out of reach for venture investors, leaving Cognition among the few large independent coding-agent startups they can still buy into.