The AI Daily Brief · Friday, August 28, 2026
Several AI companies are experiencing significant revenue growth. Cognition, creators of the coding agent Devin, has reached $900 million in annualized revenue, more than tripling its earnings since the start of the year. Other companies like Figm, Proplexity, Open Evidence, and Manus also reported substantial revenue increases.
“According to new numbers source by the information, Cognition has hit $900 million in annualized revenue.”
“That's more than a 3X increase from the beginning of the year for the creators of coding agent Devin.”
“Figm, an interface wrapper for video and image models, has also tripled this year to reach $700 million in annualized revenue.”