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Cognition $40B, Lovable $13.3B, Google Pixel 11 — 2026-08-13 00:00

AI coding and vibe-coding startups surge: Cognition eyes a $40B round, Lovable confirms $13.3B. Google unveils Pixel 11 plus new Gemini features. Enterprise AI, creator tools, and the race to power AI.

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  1. Cognition reportedly in talks to raise at $40B valuation — AI coding startup behind Devin, just months after raising $1B at a $26B valuation. TechCrunch · Aug 12
  2. Lovable confirms $13.3B valuation, raises another $400M — Vibe-coding platform hit $500M in annualized run-rate revenue in June. TechCrunch · Aug 12
  3. OpenAI-backed Thrive Holdings raises $2B at a $12B valuation — SoftBank, D1 Capital Partners, and Altimeter Capital in, to bring AI to the enterprise. TechCrunch · Aug 12
  4. Made by Google '26: Pixel 11, Pixel Watch 5, Pixel Tag, and Gemini features — Google's full hardware lineup plus new AI assistant capabilities. TechCrunch · Aug 12
  5. Facebook rolls out standalone Creator Studio app with AI tools — AI creator assistant delivers personalized recommendations based on content style and audience. TechCrunch · Aug 12
  6. Amazon to train AI on Twitch streamers' content by default — Opt-out model; Twitch's CPO admitted that as opt-in, "nobody would opt in." TechCrunch · Aug 12
  7. Hinton, Fei-Fei Li, and Ng make the case for keeping AI open — Three pioneers debate regulation, open source, and US-China competition at a major AI conference. TechCrunch · Aug 12
  8. Northrop's robot space mechanic to service satellites in orbit — Mission Robotic Vehicle makes the first attempt to attach a new thruster to an aging satellite. TechCrunch · Aug 12
  9. Form Energy raises $750M to build more 100-hour grid batteries — Google and Crusoe signed as customers for the multi-day energy storage. TechCrunch · Aug 12
  10. Tesla wants to build a $10B solar factory in Texas — The automaker is asking the state to chip in on costs. TechCrunch · Aug 12

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