Gate News message, April 29 — Cognition, the AI coding startup behind Devin, announced on April 29 that it will establish Singapore as its Asia-Pacific headquarters to oversee regional expansion across Southeast Asia, Australia, India, and South Korea.
Richard Spence will lead APAC operations from Singapore, with the company planning to open an office in the central business district later in 2026. The move follows Cognition’s entry into Japan and its acquisition of Singapore startup Havana, whose team will contribute to regional engineering and product development. Cognition has also acquired Windsurf, an AI coding startup with $82 million in annual recurring revenue and approximately 350 enterprise customers. The company raised $400 million at a $10.2 billion valuation, with reports of another funding round near a $25 billion valuation.
Cognition cited early adoption success in the region, noting that Singaporean bank OCBC is using its platform for software development and has achieved productivity gains of up to 30%.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
OpenAI Researchers: AI Systems Could Handle Most Research Work Within Two Years
Gate News message, April 29 — OpenAI researchers Sébastien Bubeck and Ernest Ryu say AI systems could perform most human research work within two years, presenting mathematics as a clear measure of AI progress. Unlike vague performance tests, mathematical problems offer precise verification:
GateNews22m ago
King Charles III Meets Six U.S. Tech CEOs Including Jensen Huang, Jeff Bezos, and Tim Cook to Discuss UK Startup Funding
Gate News message, April 29 — During his state visit to the United States, King Charles III met with six prominent American technology leaders at Blair House in Washington: NVIDIA CEO Jensen Huang, Amazon founder Jeff Bezos, Apple CEO Tim Cook, AMD CEO Su Zifeng, Salesforce CEO Marc Benioff, and
GateNews30m ago
Global AR Smart Glasses Shipments Surge 98% in 2025, Driven by Meta's Ray-Ban Display and Waveguide Tech
Gate News message, April 29 — Global augmented reality (AR) smart glasses shipments surged 98% in 2025, with second-half shipments jumping 148% year-over-year, according to Counterpoint Research. Growth was fueled by expanded output
GateNews42m ago
Legendary hedge fund trader on the S&P 500 price-to-earnings ratio for U.S. stocks: It will be very hard for anyone buying the broad market to profit in the coming years
Hedge fund manager Paul Tudor Jones (Jones) gave an interview, warning that the regulatory gaps for AI could lead to catastrophic consequences because it disrupts—an iterative pattern risk unprecedented. He also noted that the U.S. stock market’s market capitalization as a share of GDP has reached 252%, with the price-to-earnings ratio overly high; in the long run, investing in the broad market is unlikely to be profitable. He used boxing as a metaphor to suggest that trading opportunities are scarce, and called on global cooperation to develop AI regulation.
ChainNewsAbmedia44m ago
Google signed a confidential AI agreement with the Pentagon; employees issue an open letter opposing it
According to The Information, reported on April 28, Google has signed an agreement to provide artificial intelligence (AI) models to the U.S. Department of Defense for confidential work. The New York Times, citing people familiar with the matter, said the agreement allows the U.S. Department of Defense to use Google’s AI for lawful government purposes, with a nature similar to the confidential AI deployment agreements the Pentagon signed last month with OpenAI and xAI.
MarketWhisper1h ago
a16z Crypto Research Report: AI agent DeFi exploit rate reaches 70%
According to a research report published by a16z Crypto on April 29, when AI agents are equipped with structured domain knowledge, their success rate in reproducing an Ethereum price manipulation vulnerability reaches 70%; in a sandbox environment with no domain knowledge at all, the success rate is only 10%. The report also documents cases where AI agents independently bypass sandbox restrictions to access future transaction information, as well as systematic failure modes of the agents when constructing multi-step profitable attack plans.
MarketWhisper2h ago