The Latest Breaking News from Scott Wu

Robinhood bets $10 million on AI coding tool maker Cognition—after previously backing a rival

“It’s not a winner-take-all market,” says Sarah Pinto, head of Robinhood Ventures.

Fortune · Oct 23

Cognition CEO says tech companies got ‘carried away’ with token leaderboards and should measure employees on output instead

Scott Wu’s concerns back up research showing AI is saving employees time, but they don’t always know how to translate those savings into productivity gains.

Fortune · Jul 7

AI coding startup Cognition raises $1 billion at $26 billion value

AI startup Cognition has secured over one billion dollars in a new funding round. This brings its valuation to a massive twenty-six billion dollars. Their AI agent, Devin, automates programming for engineers. This funding highlights strong investor interest in AI for software development. Cognition plans to use the funds to…

The Economic Times · May 27