Devin AI News & Updates

Cognition AI Reaches $10.2B Valuation with $400M Funding for AI Coding Agent Devin

September 8, 2025 18:49

Cognition AI, creator of AI coding agent Devin, raised $400 million at a $10.2 billion valuation, more than doubling from its $4 billion valuation earlier this year. The company's annual recurring revenue grew from $1 mi...

Goldman Sachs Deploys AI Coding Agent Devin as Digital Employee

July 11, 2025 17:59

Goldman Sachs is implementing Cognition's AI coding agent Devin as a "new employee" to augment its workforce of 12,000 human developers. The bank plans to deploy hundreds to potentially thousands of Devin instances in a...

Cognition Introduces Affordable Pay-as-you-go Plan for Devin AI Coding Assistant

April 3, 2025 19:46

Cognition has launched a new entry-level pricing plan for its autonomous coding tool Devin, starting at $20 with a pay-as-you-go structure after initial credits are used. The company claims Devin 2.0 is significantly imp...