How Goldman Sachs Is Using Agentic AI for Software Engineering at Scale

Bernard Marr· Aug 7, 2026 · 1:54 AM UTC ·5 min read · 0 reactions · 0 comments · 1 view

#finance #technology #artificialintelligence #softwareengineering #automation

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Goldman Sachs has deployed autonomous AI agents, such as the Devin system, to assist its software engineering teams in modernizing legacy IT infrastructure. The agents can scope projects, write, test, and debug code, delivering productivity gains reported as three to four times higher than earlier AI tools. However, the rollout raises concerns about potential job displacement for junior engineers in the banking sector.

Key facts

▪In 2025 Goldman Sachs introduced the Devin agent, developed by Cognition, to operate alongside its 12,000 human engineers and handle end‑to‑end coding tasks.
▪Devin’s autonomous capabilities include project scoping, code generation, testing, and bug fixing, with reported reductions in vulnerability‑fix time from 30 minutes to 1.5 minutes.
▪The bank expanded its AI portfolio in 2026 by adding Anthropic’s Claude for trade‑related and client onboarding processes.
▪Goldman’s CIO Marco Argenti described the AI agents as comparable to a new employee, noting productivity improvements of three to four times over prior AI tools, while industry observers warn of up to 200,000 potential job losses in US bank
▪The deployment highlights a shift from measuring AI usage to tracking the speed at which ideas become production‑ready software, likened to “3D printing software.”

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InnovationEnterprise TechHow Goldman Sachs Is Using Agentic AI For Software Engineering At ScaleByBernard Marr,Contributor.Follow AuthorAug 06, 2026, 01:17am EDTSummaryGoldman Sachs has pioneered the use of agentic AI, deploying virtual software engineers like Devin to modernize its legacy IT infrastructure. These autonomous AI agents, working alongside 12,000 human engineers, can scope projects, write, test, and debug code, significantly boosting productivity. Goldman's CIO Marco Argenti likened Devin to a new employee, reporting 3-4 times the productivity of previous AI tools and drastically reducing development time and vulnerability fixes. The bank expanded its AI use with Anthropic's Claude.

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