The ai coding market is now pricing ambition before revenue. cognition closed a $2 billion round at…
the ai coding market is now pricing ambition before revenue. cognition closed a $2 billion round at a $48 billion valuation on september 8, four months after its last raise, replit took $250 million at $3 billion on september 19, and cursor's parent is reportedly raising at $50 billion.
the gap between demo speed and durable revenue just became the most expensive question in software.
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