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Apple reportedly plans to use next month's Worldwide Developers Conference (WWDC) to highlight its on-device AI capabilities as a competitive advantage, leaning on 15 years of custom silicon expertise to make the case for running AI models locally rather than in the cloud.
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Cognition raised more than $1 billion at a $26 billion valuation as Devin usage and revenue surged, tightening the race for AI coding agents across enterprise software teams.
The post AI Coding Startup Cognition Hits $26B Valuation After Massive $1B Raise appeared first on eWEEK.
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