Industry

Cognition AI raised over $1 billion at a $26 billion pre-money valuation, while annualized revenue grew from $37 million to about $492 million in one year, and Devin is positioned as an autonomous junior engineer that can plan, test, and deploy through multi-step workflows.

Snowflake signed a five-year, $6 billion AWS deal to secure chips for AI use; the post does not disclose chip models, delivery timing, or whether the capacity targets training, inference, or both.

Cognition announced over $1 billion in funding at a $26 billion valuation, with enterprise usage up more than 10x this year and annualized revenue reaching $492 million.

Jensen Huang showed Nvidia’s new Taiwan campus, and Nvidia plans to invest about $150 billion per year in Taiwan after AMD announced more than $10 billion in AI-related Taiwan investment one week earlier.

Cognition raised $1 billion at a $25 billion pre-money valuation, with annualized revenue run rate reaching $492 million, and the company says its valuation more than doubled in eight months.

OpenRouter raised a $113 million Series B led by CapitalG, lifting its valuation to $1.3 billion; the platform processes 25 trillion tokens per week, about 100 trillion per month, and provides one API for more than 400 models.

Samsung reached a union agreement to share AI-related profits, setting workers up for a $400,000 bonus; the RSS snippet does not disclose eligible headcount, payout conditions, or timing.

Latent Space says Fireworks is in talks for a $15 billion valuation round, Baseten is raising at an $11 billion valuation, and OpenRouter closed a $113 million Series C after volume grew 5x in six months.

Taiwan prosecutors suspect three individuals exported at least one shipment of Nvidia AI chips to Japan, then smuggled the chips into China, according to people familiar with the matter.

The title says Qualcomm and ByteDance reached an AI ASIC chip partnership with procurement in the millions of units; the post does not disclose chip specifications, unit pricing, delivery timing, or production conditions.

SK Hynix and Micron Technology exceeded $1 trillion in market value for the first time, and the RSS snippet says investors are betting AI demand will drive a sustained revaluation of the memory-chip industry.

Fireworks AI is in talks to raise a new funding round at a $15 billion valuation, according to people familiar with the matter; the post does not disclose the round size, investor names, or timeline.

OpenRouter raised a $113 million Series B led by CapitalG, lifting its valuation to $1.3 billion within a year; the RSS snippet discloses 5x usage growth over six months but does not disclose revenue, pricing, or customer mix.

Qualcomm will supply chips to ByteDance for artificial intelligence data centers, according to people familiar with the matter; the post does not disclose chip models, order volume, pricing, or delivery timing.

OpenRouter raised a $113 million Series B led by CapitalG; its weekly volume rose from 5 trillion to 25 trillion tokens over the past 6 months.

Google DeepMind says SynthID has watermarked more than 100 billion content items and is being integrated into models from OpenAI, ElevenLabs, and Kakao, extending prior industry work with NVIDIA.

ByteDance issued shares tied to its AI business unit to AI team members, and the title states the goal is to fend off poaching; the RSS snippet does not disclose the grant size, vesting schedule, eligible roles, or valuation terms.

Greg Brockman recounted OpenAI’s 72-hour crisis: on November 17, 2023, the board removed Sam Altman as CEO and took Brockman off the board, after which Brockman resigned the same day and said he initially put the chance of taking the company back at 10%.

Spotify struck a deal with Universal that allows subscribers to create “controlled” covers and remixes; the post does not disclose the licensing scope, revenue split, or launch timing.

TrapDoor hit npm, PyPI, and Crates.io with 34 malicious packages, using manipulated CLAUDE.md and .cursorrules files in pull requests to make Claude Code and Cursor treat attacker content as trusted instructions and run malicious commands.