Cognition (Devin) raises $2B at $48B valuation

meco 21 points 8 comments September 08, 2026
cognition.com · View on Hacker News

Discussion Highlights (4 comments)

edude03

Devin was the first ai developer harness I ever heard of — and in fact the first one I ever used as I had gotten an invite while it was in private beta. Now it seems like the product has faded (into irrelevance?) between other harnesses like cursor especially and all the major harnesses having a cloud mode. Is there some other area Devin has become really popular / has stayed competitive?

steve-atx-7600

Seems insane. It isn’t that had to use anthropic managed agents to build something similar - work with an in house version that I think is superior. I’m sure Devin is a good fit for some companies…but struggling to see where Devin adds $2 billion value. Edit 48billion I just noticed. Someone’s getting fleeced.

villgax

Lol who even uses this

vvern

I used to be a hater, but it’s kinda good now

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