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OverviewAPI
Cognition Labs aims for a $2 billion valuation for its AI code-writing tool, while other AI startups witness significant valuation increases. DeepMind's co-founder warns against AI hype obstructing progress, signaling a potential 'New Renaissance'. OpenAI and Microsoft plan a $100 billion AI supercomputer project named Stargate, facing competition from tech giants. Generative AI's impact on software development is discussed, highlighting opportunities and risks.

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