Cognition hits $48B valuation, signaling investors believe AI coding is far from a winner-take-all market

Biology is becoming the next great industrial platform — accelerated by AI, contested by China and the US, and creating tomorrow's careers.

The biggest business opportunities of the next decade may not sit inside AI, energy, space, telecoms or manufacturing individually; they are emerging where growth in one sector creates a bottleneck—and therefore a market—in another.