NEW YORK–Goldman Sachs said it is testing an autonomous software engineer from the artificial intelligence firm cognition that it expects will be joining the 12,000 human developers the company already employs.
The program, named Devin, became known in technology circles in 2024 with Cognition’s claim that it had created the world’s first AI software engineer. Demo videos showed the program operating as a full-stack engineer, completing multi-step assignments with minimal intervention, noted MSNBC.
“We’re going to start augmenting our workforce with Devin, which is going to be like our new employee who’s going to start doing stuff on the behalf of our developers,” Marco Argenti, who heads up technology at Goldman Sachs, told the news outlet. “Initially, we will have hundreds of Devins [and] that might go into the thousands, depending on the use cases.”
The report said the arrival of agentic AI on Wall Street — such as Devin that don’t just help humans with tasks like summarizing documents or writing emails, but instead execute complex multi-step jobs like building entire apps — “signals a much larger shift, with greater potential rewards.”
Supervised by Humans
Argenti said Devin will be supervised by human employees and will handle jobs that engineers often consider drudgery, like updating internal code to newer programing languages.
As the CU Daily reported here, Bank of New York Mellon reported it is now “employing” dozens of artificial intelligence-powered “digital employees” that have their own company logins and that work alongside its human staff.
