Cognition AI on track for $1 billion annualized run rate as Devin demand grows

Cognition AI is on track to reach a $1 billion annualized revenue run rate based on this month’s performance, roughly doubling its sales pace in four months as demand for Devin grows.

The projected milestone follows a rapid rise in sales at Cognition AI Inc., which reached a $900 million annualized run rate in September after reporting $492 million in May. Bloomberg reported the latest performance, which would mark a doubling in roughly four months.