Robinhood Ventures has taken a $10 million stake in Cognition, the maker of AI coding tool Devin, as part of the startup's $2 billion Series E round. The investment follows Robinhood's $75 million backing of OpenAI in April, with the venture arm's head saying the AI coding marke…
Robinhood Ventures Invests $10m in AI Coding Startup Cognition
Robinhood Ventures has taken a $10 million stake in Cognition, the maker of AI coding tool Devin, as part of the startup's $2 billion Series E round. The investment follows Robinhood's $75 million backing of OpenAI in April, with the venture arm's head saying the AI coding market is not winner-take-all.
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