cognition is now the largest independent agent lab in the world. take the 200% utilization that everyone is hitting from this chart and run …

cognition is now the largest independent agent lab in the world. take the 200% utilization that everyone is hitting from this chart and run out the sales growth from this, i encourage you to go thru the exercise if you are new to investing a lot of you have read my cog initation post, but when i talk to people they do not sufficiently appreciate that this is the perfect storm of all the trends: - first* koding agent - first* cloud dev infra - best reviewed code review/security guy - first* llm wiki knowledge base - s-tier GTM - most IOI golds - somehow also cracked at Smash Bros and Poker agent lab gets you: - long model diversity - long reasoning/toolcalling models - long harnesses - long domain specific RLFT - long coding data/expertise/evals - long full agentic SDLC - chief partner to CIOs in combating tokenmaxxing slop from humans and from agents - SOTA foodbench from house chefs and this is why you can see this is Peter Thiel's biggest AI bet *i dont like "first" as an adjective, but "first + 2 years of serious scaling" really serves as a shorthand for "most enterprise battle tested" - see customer list in screenshot - literally 10s of thousands of devs, 10s of thousands of repos, PER CUSTOMER is the kind of weight I put on the simple word "first" 1/ We’ve raised over 1B at a 26B valuation, led by @Lux_Capital, @generalcatalyst, and @8vc. Our enterprise usage has grown >10x since the start of this year, and our run-rate revenue grew to $492 M. We launched Devin two years ago as the first AI software engineer. Since then,…

Source: Swyx (X) | 2026-05-27