According to CoinMeta, the annual revenue behind Cognition has reached approximately $900 million, which, calculated at about $75 million per month, represents a growth of over three times from the beginning of the year. The company is currently in the process of a new round of financing, and its valuation could reach around $45 billion. During the financing in May this year, Cognition announced an annual revenue of $492 million and a valuation of $26 billion; in just three months, the annual revenue increased by about 83%. However, Cognition is also very capital-intensive, with an estimated expenditure of about $800 million in cash this year, including about $200 million in the second quarter, mainly used for leasing large-scale NVIDIA servers to run Devin and training its own models. The gross profit margin of Cognition's corporate business is close to 50%. Management expects that the annual revenue will exceed $1.5 billion by the end of this year and reach $4 to $5 billion next year.