The maker of Devin and Devin Desktop is reportedly in talks to raise $1 billion at a $47 billion valuation, with annualized revenue now exceeding $900 million.
Slack Code brings dedicated project channels where Claude Code, Devin, GitHub Copilot, and Vercel's agent do the work while your whole team watches, steers, and approves it.
The maker of Devin and Windsurf is reportedly negotiating a new funding round at a valuation exceeding $40 billion, with annualized revenue approaching $1 billion.
July 1, 2026 is the end-of-life date for Cascade, the local agent that shipped with Windsurf before it became Devin Desktop. Devin Local is the replacement — faster, written in Rust, and built with subagent support.
Cognition added automated security review to Devin Review on June 18. It goes beyond static analysis by reasoning across the full codebase to find authorization flaws, business logic bugs, and vulnerability chains, then writes the fix and opens a PR.
Cognition pushed an over-the-air update on June 2 that renames Windsurf to Devin Desktop, promotes the Agent Command Center to the default IDE surface, and introduces Devin Local, a Rust rewrite of Cascade that is 30% more token-efficient.
The maker of Devin and Windsurf closed a $1B Series D at a $26 billion post-money valuation, with $492M in annualized revenue and customers including Goldman Sachs, Mercedes-Benz, and NASA.
Windsurf added Claude Opus 4.7 in fast mode to the editor on May 12, offering Opus-level intelligence at roughly 2.5x the output speed. A week earlier, version 2.2.17 extended Devin Review to all Pro, Max, and Teams subscribers with a two-week free trial.
ServiceNow made Build Agent generally available at Knowledge 2026, extending it into the four major AI coding tools so developers can build ServiceNow apps without leaving their preferred IDE.
Windsurf 2.1.29 adds Devin as a standalone terminal agent on April 28. It runs on your machine with full codebase access, supports Opus 4.7, GPT-5.5, and SWE-1.6, and can hand sessions off to cloud Devin when the work outgrows your laptop.
Cognition AI is in early talks to raise hundreds of millions at a $25 billion valuation — more than double its $10.2B valuation from September 2024. The company makes Devin, the autonomous AI software engineer, and acquired Windsurf last July.
Cognition's major Windsurf update replaces the single-agent workflow with a Kanban-style interface for managing fleets of local and cloud agents, and folds Devin directly into every self-serve subscription.
This week's biggest AI coding stories: OpenAI ships Codex-Spark on Cerebras hardware, OpenClaw's security crisis deepens, Spotify says its best engineers stopped writing code, and Windsurf drops Arena Mode.
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