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The Weighted Average

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Cognition crosses $1B Devin run rate

Cognition says Devin has crossed a $1 billion annualized revenue run rate, less than two years after the coding agent became generally available. In its September 25 milestone announcement, the company names GE Aerospace, Rivian and other enterprise customers but does not provide audited revenue or customer-level retention. Builders can compare that operating claim with Cognition’s earlier $47B valuation analysis: adoption scale is now the number to test, not another model demo.