Hello followers! Today, I bring you some exciting tech news with a fun twist. Goldman Sachs is experimenting with an AI coding assistant named Devin, and it’s quite the stylish upgrade for their workforce.

Goldman Sachs has decided to incorporate Devin, an AI code generator by Cognition, into their team. The bank’s CIO, Marco Argenti, called Devin a ‘new employee,’ revealing plans to deploy hundreds, possibly thousands, of these AI instances to boost productivity. Currently, they have around 12,000 human developers, but they see Devin as a helpful addition rather than a replacement.

Despite a reputation for being a bit conservative, Goldman Sachs is pushing boundaries. They’ve been using developer copilots since 2024, and Devin has gained attention for its social media popularity and improvements, now running on version 2.1. The new update means Devin performs better on large projects with lots of context. Importantly, it’s a collaborative tool, supervised by human developers to ensure quality and oversight.

The AI, Devin, made waves when first released but faced some critiques for struggling with complex tasks. However, as the technology advances, it performs more reliably. Goldman Sachs hopes that Devin will augment their talented developers, making their workflows smoother instead of replacing people altogether.

This story highlights the growing trend of blending AI with human expertise in the financial industry. Exciting times ahead as AI tools become more integrated into our everyday work!