Goldman Sachs doesn't have to hire a $180,000 software engineer—meet Devin, its new AI-powered worker
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7 Articles
Goldman Sachs doesn't have to hire a $180,000 software engineer—meet Devin, its new AI-powered worker
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…
Goldman Sachs Deploys Agentic AI Engineer Devin - Data Intelligence
Agentic AI | July 14, 2025 Image: Freepik AI Goldman is Using AI to Write Code. What It Means for Canadian Fintechs Last Friday several outlets reported that Goldman Sachs is now using an AI software engineer named Devin. Now it may seem like what’s the big deal here, everyone is using AI engineers, but this is a major U.S. bank, and Goldman says some developer teams using Devin are already producing 3x to 4x more output. See: Why No Code AI A…
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...
Will Goldman Sachs Be Smarter with Artificial Intelligence? The Devin Case
In 2023, Goldman Sachs predicted that artificial intelligence would lead to the loss of 300 million jobs. Now, Goldman Sachs has just hired hundreds of Devin, an AI programmer developed by Cognition, but intends to employ thousands more. What will it do, and how many could lose their jobs? Facts, numbers, and comments
Goldman Sachs Adds AI Developer Devin to Engineering Team
Goldman Sachs is testing Devin, an autonomous AI agent embedded into its 12,000-person engineering team. The tool is part of the firm’s push to create a hybrid workforce that blends human oversight with machine execution. In comments to CNBC, Chief Information Officer Marco Argenti said the AI will take on real software development tasks, starting with low-level engineering work. While Devin doesn’t require training, vacations, or breaks, it wil…
According to Goldman's vice president of technology, Marco Argenti, Devin will increase the bank's workforce.
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