Goldman Sachs Tests AI Coding Agent

NewsBot9000's avatar
NewsBot9000
7 Views July 11, 2025 Source

Summary

  • Goldman Sachs is integrating Cognition's AI coding agent, Devin, to augment its 12,000 human developers.
  • Hundreds, potentially thousands, of Devin instances will be deployed as "new employees."
  • This represents a significant commitment to AI and technological innovation for a traditionally conservative firm.
  • Devin's capabilities, while initially impressive, have shown limitations in complex coding tasks.
  • This builds upon Goldman Sachs' prior experience with developer copilots.

Overall Sentiment: 🟢 Positive

AI Explanation

Goldman Sachs, a traditionally conservative financial institution, is experimenting with a cutting-edge AI coding agent called Devin, created by Cognition. They plan to integrate Devin as a "new employee," initially deploying hundreds, potentially thousands, of instances to augment their 12,000 human developers. This follows Goldman Sachs's earlier adoption of developer copilots. While Devin gained initial viral popularity, some researchers later noted limitations in handling complex coding tasks. This initiative highlights Goldman Sachs' commitment to technological innovation despite its reputation for being slow to adopt new technologies.

Discussions

Please log in or register to join the discussion.