Goldman Sachs Integrates Autonomous AI Engineer from Cognition into Its Development Team
Goldman Sachs is testing an AI software engineer from startup Cognition to collaborate with its 12,000 human developers, marking a move toward agentic AI tools on Wall Street.
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Goldman Sachs is testing an autonomous AI software engineer from startup Cognition to work alongside its 12,000 human developers, according to CNBC. Cognition claimed Devin was the first AI software engineer and showed it completing full-stack, multi-step tasks with minimal help. Goldman Sachs plans to add Devin to its workforce to assist human developers with tasks. Goldman is the first major bank to adopt Devin, signaling a broader shift on Wall Street toward agentic AI, tools that execute complex, multi-step tasks independently. Goldman tech chief Marco Argenti said Devin could raise productivity three to four times higher than earlier AI tools. Cognition, backed by Peter Thiel and Joe Lonsdale, reached a $4 billion valuation in March.
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Published
Jul 11, 2025
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