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Goldman Sachs doesn't have to hire a $180,000 software engineer—meet Devin, its new AI-powered worker

Summary by Fortune
Goldman Sachs just hired Devin, an AI-powered software engineer that’s capable of coding just as well as humans—minus six-figure salaries. The company also has plans to potentially unleash it by the thousands and expand workers’ productivity with AI tools by over four times. While the firm’s tech leader sees a future that’s a “hybrid workforce” between humans and AI, leaders like Ford CEO Jim Farley warn of a decrease in white-collar work. The n…

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Goldman Sachs, a leading US investment bank, has announced its striking forecasts for the USD/TRY exchange rate. These predictions, closely followed by global markets and the Turkish economy, have reshaped exchange rate expectations. Here are the details...

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According to Goldman's vice president of technology, Marco Argenti, Devin will increase the bank's workforce.

·Brazil
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Folha de S.Paulo broke the news in São Paulo, Brazil on Monday, July 14, 2025.
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