Cognition Raises $1B, Reaches $492M Annual Revenue Run Rate
Published on 2026-05-27T17:00:40.119553
Cognition Raises $1B, Reaches $492M Annual Revenue Run Rate
OpenAI, Thrive, and Crete have developed a self-improving tax agent using Codex, which automates tax filings, enhances accuracy, and accelerates workflows. This collaboration aims to streamline the tax process for users and reduce errors. (Source: OpenAI Blog) Original
OpenAI has partnered with Grupo Folha and Grupo UOL to integrate trusted Brazilian journalism into ChatGPT, ensuring news access with proper attribution and transparency. This partnership aims to enhance the quality and reliability of information provided by ChatGPT. (Source: OpenAI Blog) Original
OpenAI has been named a Leader in the 2026 Gartner Magic Quadrant for Enterprise AI Coding Agents, with Codex recognized for its innovation and enterprise-scale deployment. This recognition highlights OpenAI's significant contributions to the field of AI coding. (Source: OpenAI Blog) Original
Cybercriminals used the Glassworm botnet to infect open-source software projects with malware, targeting developers and companies that use this software. CrowdStrike and Google have successfully taken down the botnet, mitigating the threat to the software supply chain. (Source: TechCrunch) Original
AI coding startup Cognition has raised $1 billion at a $25 billion pre-money valuation, achieving an annualized revenue run rate of $492 million. The company more than doubled its valuation in just eight months, reflecting strong growth and investor confidence. (Source: TechCrunch) Original
The FAA has ordered SpaceX to investigate the failure of the first Starship V3 booster during its initial test flight. Starship operations are grounded until SpaceX can determine the cause of the failure and ensure safety. (Source: TechCrunch) Original
Square Enix has restarted development on the next mainline entry in the Dragon Quest series, now titled "Dragon Quest XII: Beyond Dreams." The reboot aims to bring new life and direction to the beloved franchise. (Source: Engadget) Original
Advances in adapters now allow for wired internet connections without the need to run Ethernet cables, offering better performance than Wi-Fi. These solutions provide a practical alternative for those seeking improved network stability and speed. (Source: Engadget) Original