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Cognition's $25B Valuation & China's AI Talent Lockdown
Cognition raises $1B at $25B valuation for its AI coding agent Devin. China restricts travel for top AI researchers as the US-China model gap shrinks to 2.7%. Plus: Snowflake's $6B AWS deal, ElevenLabs' genre-switching music model, Robinhood's AI trading agents, and the warning about "AI psychosis" in tech executive suites.
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By Andreas VigCognition raises $1B at $25B valuation for its AI coding agent Devin. China restricts travel for top AI researchers as the US-China model gap shrinks to 2.7%. Plus: Snowflake's $6B AWS deal, ElevenLabs' genre-switching music model, Robinhood's AI trading agents, and the warning about "AI psychosis" in tech executive suites.