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Cognition CEO Scott Wu has denied a Bloomberg report that SpaceX attempted to acquire the AI coding startup, stating Cognition is "not for sale" and no talks occurred. This comes as SpaceX aggressively expands its AI ventures, recently acquiring Cursor and pushing to catch up with industry leaders like OpenAI and Anthropic. While an acquisition is off the table, the companies may still be discussing a potential partnership for computing capacity.
Cognition, the AI coding agent startup behind Devin, secured $1 billion at a $26 billion valuation this week. Despite this, CEO Scott Wu insists AI agents shouldn't replace humans, aiming for augmentation to free programmers from tedious tasks. Wu envisions Devin as a "buddy" that enhances creativity, even as it handles 89% of Cognition's internal code.
