Cognition’s AI coding agent Devin has scored a serious buyer: Goldman Sachs, the financial institution’s CIO, Marco Argenti, informed CNBC.
“We’re going to begin augmenting our workforce with Devin, which goes to be like our new worker,” Argenti informed the outlet, including that it plans to roll out a whole lot of situations of Devin, probably rising to 1000’s. The financial institution at present employs round 12,000 human builders, it says.
Regardless of the monetary trade’s popularity for being sluggish and stodgy, Goldman Sachs tends to be leading edge, and it’s been internally utilizing developer copilots since at the very least 2024, it mentioned.
Devin is an attention-grabbing alternative. When Cognition launched it final yr, it blew up on social media. Some researchers then discovered that it struggled with extra advanced coding work.
As of Might, Devin is now on model 2.1, and Cognition says it performs finest on massive codebases that present it with ample context.
Devin received’t change people on the financial institution. Argenti advocates for a “hybrid” workforce, so situations of will probably be supervised by a human and, he hopes, enhance their productiveness.
