Goldman Sachs is bringing in Devin, an AI coding agent from Cognition, to boost its developer workforce.
The bank’s CIO, Marco Argenti, told CNBC they plan to roll out hundreds, maybe thousands, of Devin instances. Goldman Sachs currently employs about 12,000 human developers.
Devin isn’t new to Goldman. The bank has used developer copilots internally since at least 2024. 
When Cognition launched Devin last year, it went viral but got mixed reviews. Some researchers said Devin struggled with complex coding. Now on version 2.1, Cognition claims Devin performs best handling large codebases with plenty of context.
Devin won’t replace humans. Argenti wants a "hybrid" setup where a human supervises each Devin instance to boost productivity.
Marco Argenti stated:
“We’re going to start augmenting our workforce with Devin, which is going to be like our new employee,”
he added that it plans to roll out hundreds of instances of Devin, potentially growing to thousands.
