Japan's Anime Market Sees Significant Growth

Cognition Raises $2B in Series E Funding

Cognition, an AI coding startup, has secured a massive $2 billion in Series E funding, led by prominent investors such as Accel and Andreessen Horowitz. Known for its autonomous software-engineering agent, Devin, Cognition is part of a wave of startups betting on AI agents to revolutionize complex coding tasks. This funding round values the company at $48 billion, underscoring the significant interest and investment in AI-driven development tools. With nearly $3.9 billion raised to date, Cognition is well-positioned to push the boundaries of AI in software engineering.

AI Agents Outpace European Regulation Efforts

AI agents are advancing at a speed that European regulators are struggling to match, creating a significant challenge for oversight. The rapid pace of AI innovation is outstripping the ability of regulators to implement effective controls, raising concerns about potential risks. This situation demands more agile and responsive regulatory frameworks to keep pace with technological advancements. As AI agents become increasingly autonomous and capable, the urgency for effective regulation becomes more pronounced. The current gap between innovation and regulation underscores the need for swift action to ensure safety and ethical standards in AI development.

Big Tech's AI Slowdown: Safety Pact or Cartel?