Robinhood invests $10M in AI coding startup Cognition after backing OpenAI
Fortune Term Sheet· Morgan Chittum·· 3 hours agoTop DealsAI Score58
Robinhood invests $10M in AI coding startup Cognition after backing OpenAI
EXCLUSIVE: Robinhood bets $10 million on AI coding tool maker Cognition—after previously backing a rival
AI Overview
Robinhood Ventures invested $10 million in Cognition as part of the startup's September Series E.
Why it matters
Robinhood's second AI coding bet shows investors treating the category as multi-winner, with Cognition's revenue run rate nearly doubling in four months.