Search results for Devin
AI & Enterprise
Companies tighten AI budgets as model routing gains traction, pressuring OpenAI and Anthropic
U.S. companies are adopting “model routing” to cut AI spending by assigning different models to different tasks, moving routine work to cheaper, faster options and using costly models only for complex jobs. Executives and boards are tightening oversight as AI bills outstrip budgets. Cognition CEO Scott Wu said cost efficiency can improve sharply on repetitive work. Glean CEO Arvind Jain estimated 95 percent of enterprise AI usage still runs on expensive frontier models.
AI & Enterprise
Developers depend on AI coding tools as productivity dispute grows
Developers are relying more on AI coding tools, making it difficult to run productivity tests without them, a report said. Research group METR found participants felt AI boosted productivity, but measured results showed overall work slowed due to fixing errors and waiting for outputs. A repeat experiment was changed after developers resisted working without AI. Companies have questioned self-assessments as AI usage costs rise, while studies warn of higher long-term maintenance burdens.
AI & Enterprise
Cognition CEO says autonomous AI Devin is not meant to eliminate human developers
Scott Wu, CEO of Cognition, which developed the AI coding agent Devin, said the tool is not intended to replace human developers but to raise their productivity. He said Devin aims to handle end-to-end development work and is most valuable for maintenance tasks developers tend to avoid. Wu also cautioned against inflated expectations, describing Devin as between junior and mid-level engineers, and stressed that humans must retain final decision-making authority.
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AI & Enterprise
AI coding startup Cognition raises over $1 billion at $25 billion valuation, ARR nears $492 million
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AI & Enterprise
AI startup ecosystem deepens shift toward Anthropic and OpenAI
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AI & Enterprise
AI coding startup CognitionAI seeks additional funding at $25 billion valuation
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AI & Enterprise
Goldman Sachs to pursue accounting, compliance automation based on Anthropic AI model
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AI & Enterprise
SymbolicAI partners with News Corp to expand AI news production
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AI & Enterprise
U.S.-China coding AI clash as security industry M&A spreads
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AI & Enterprise
AI-generated code vulnerable to hacking, security startup Tenzai warns