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Source: AI coding startup Cognition raised nearly $500M led by Founders Fund, bringing its valuation to $9.8B, more than double the level earlier this year (Yuliya Chernova/Wall Street Journal)

Yuliya Chernova / Wall Street Journal : Source: AI coding startup Cognition raised nearly $500M led by Founders Fund, bringing its valuat...

1 August 2024

Roblox reports Q2 revenue up 31% YoY to $894M, bookings up 22% YoY to $995M, a $206M net loss, average DAUs up 21% YoY to 79.5M, projects Q3 bookings above est. (Cecilia D'Anastasio/Bloomberg)

Cecilia D'Anastasio / Bloomberg:
Roblox reports Q2 revenue up 31% YoY to $894M, bookings up 22% YoY to $995M, a $206M net loss, average DAUs up 21% YoY to 79.5M, projects Q3 bookings above est.  —  Bookings, a measure of sales, will be $1 billion to $1.03 billion in the third quarter, the company said Thursday in a statement.

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