Cognition AI has secured hundreds of millions in new funding at a nearly $4 billion valuation, with venture capital firm 8VC leading the round. The investment doubles the startup's previous valuation, according to Bloomberg, which cited people familiar with the matter. The funding round attracted several prominent investors, including Founders Fund, Khosla Ventures, Elad Gil and Conviction Partners. The company's flagship product, Devin, which it markets as "the world's first AI software engineer," competes in an increasingly crowded AI coding landscape where competitive advantages remain unclear. Most existing coding tools function as AI-enhanced workspaces, powered by large language models from established labs such as OpenAI and Anthropic.
Hub AI in practice
Artificial Intelligence is present in everyday life – from “googling” to facial recognition to vacuum cleaner robots. AI tools are becoming more and more elaborate and support people and companies more effectively in their tasks, such as generating graphics, texting or coding, or interpreting large amounts of data.
What AI tools are there, how do they work, how do they help in our everyday world – and how do they change our lives? These are the questions we address in our Content Hub Artificial Intelligence in Practice.
Mistral AI has released an updated version of its Small 3 model, now available as Small 3.1 under the Apache 2.0 license. The latest iteration brings enhanced text processing abilities, multimodal understanding, and an expanded context window that can handle up to 128,000 tokens. According to Mistral AI, Small 3.1 delivers better performance than similar models like Google Gemma 3 and GPT-4o-mini, achieving inference speeds of 150 tokens per second. The model runs on consumer hardware like a single RTX 4090 graphics card or a Mac with 32 GB of RAM. You can download Mistral Small 3.1 via Huggingface as a base and instruct version, or use it through the Mistral AI API and on Google Cloud Vertex AI. The company plans to expand availability to NVIDIA NIM and Microsoft Azure AI Foundry platforms in the coming weeks.
