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Goldman Sachs is piloting its first autonomous coder in major AI milestone for Wall Street

NEW YORK, JUL 11 – Goldman Sachs aims to triple developer productivity by integrating Devin, an autonomous AI software engineer that handles complex coding tasks alongside human engineers.

  • In early July 2025, Goldman Sachs revealed plans to enhance its development team by integrating Devin, an AI-powered software engineering tool created by the startup Cognition.
  • This move follows Wall Street firms’ recent adoption of AI tools, with Devin intended to assist rather than replace the bank's 12,000 human developers.
  • Devin, now at version 2.1, can perform multi-step coding tasks autonomously under human supervision, targeting routine and complex development work.
  • Goldman Sachs CIO Marco Argenti highlighted that AI models are reaching a level of performance comparable to human developers, describing this advancement as impressive, and advocated for a collaborative approach where humans and AI work together.
  • Goldman Sachs intends to introduce Devin AI agents on a large scale, starting with several hundred instances and potentially expanding to thousands, signaling a swift embrace of AI that could reshape efficiency and job functions within the financial sector.
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NBC Chicago broke the news in Chicago, United States on Friday, July 11, 2025.
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