WSJ US Business09/09/2026 22:44:00

Peter Thiel-Backed AI Startup Cognition Raises Funds at $48 Billion Valuation

Artificial-intelligence coding startup Cognition raised $2 billion in a Series E funding round at a valuation of $48 billion.

By Kimberley Kao
09/09/2026
Peter Thiel-Backed AI Startup Cognition Raises Funds at $48 Billion Valuation
WSJ US Business

WSJ US Business

WSJ U.S. Business, focused on corporate developments, industry trends, and the companies shaping the American economy. Understand what’s happening — and why it matters.

More from WSJ US Business