In a Colossus magazine interview, founder Scott Wu said Cognition hit the revenue milestone within 18 months and that usage has been doubling every eight weeks.
Cognition, the developer of AI coding agent Devin, said it reached $445 million in annualized revenue within 18 months. In an interview with Colossus magazine, founder Scott Wu said usage of Devin has doubled every eight weeks. The figures indicate rapid commercial adoption of the company’s artificial intelligence software, with annualized revenue referring to a run-rate estimate based on current performance rather than a full-year reported total.