Finance · Daily

Stellar DailyVOL. 2026.08.13 · 3 STORIES

Thursday, August 13, 2026

Complete edition, collected through 24:00

Today's AI funding signals are intense, led by Cognition's 54% valuation jump, alongside massive rounds for Thrive Holdings and Lovable, showing capital rapidly flowing into enterprise AI and coding tools with sustained market enthusiasm.

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  1. AI Coding Startup Cognition Reportedly in Talks at $40B Valuation, Up From $26B
    T2TechCrunch:AI(RSS)

    According to TechCrunch, AI coding startup Cognition is reportedly in talks to raise another mega funding round at a $40 billion valuation. The company raised $1 billion at a $26 billion valuation just a few months ago, meaning the new valuation would represent a roughly 54% jump. This reflects the continuing surge of capital into AI-powered software development tools. Cognition is best known for Devin, an AI coding agent designed to autonomously handle programming tasks. A new round at this level would put Cognition into the same valuation tier as some of the most valuable AI startups, and likely accelerate competition in the AI coding space. Investors are betting on AI agents that can reshape how software is built, though questions remain about real-world reliability and enterprise adoption.

  2. OpenAI-backed Thrive Holdings raises $2B at $12B valuation to bring AI to enterprises
    T2TechCrunch:AI(RSS)

    Thrive Holdings has closed a $2 billion funding round at a $12 billion valuation, backed by SoftBank, D1 Capital Partners, and Alitmeter Capital. The company, backed by OpenAI, focuses on bringing AI to enterprise workflows. The sizable raise underscores continued investor enthusiasm for enterprise AI. Thrive plans to use the proceeds to expand its AI product portfolio, grow its enterprise customer base, and deepen collaborations with foundation model developers such as OpenAI to accelerate intelligent transformation across business processes. This investment signals a strong bet on AI-driven enterprise software.

  3. Lovable confirms new $13.3B valuation, raises another $400M
    T2TechCrunch:AI(RSS)

    Lovable has confirmed a new $400 million funding round, valuing the company at $13.3 billion. The startup told TechCrunch that it reached $500 million in annualized run rate revenue in June. This new investment underscores strong investor appetite for AI-powered application development tools. The funding round is expected to accelerate Lovable's product expansion and market presence. For those tracking AI startup valuations and funding momentum, this marks another notable milestone in the generative AI landscape. The company's rapid revenue growth and elevated valuation highlight the intense competition and capital flows in this sector.

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