Cognition weighs new round at $70B-$80B valuation

AI coding startup Cognition is considering a new funding round before year's end after receiving offers valuing it at $70B-$80B, up from $48B in September.

• Valuation rose from $48B in September to $70B-$80B
• The round could close before the end of the year
• The company is fielding interest from new investors