AI startup Cognition Labs, founded in November, seeks $2B valuation

- Cognition Labs, a new AI startup, is seeking a $2 billion valuation, despite generating no real revenue yet.

- Other AI startups like Perplexity and Mistral have also achieved high valuations recently.

- Some experts are skeptical about the current AI market, comparing it to the tech bubble of the late 1990s.

- Venture capitalist David Sacks highlighted the challenges faced by AI startups like Cognition Labs in existing code bases.

- While impressive demos may attract investors, the …

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