Keep pulling the thread on Scott Wu.
Scott Wu's stated goal for Cognition is to build a generational business and a hyperscaler.
Scott Wu predicts that humans will not be interacting with code for much longer, as programs may cease to be the right level of abstraction.
The long-term vision for Devin is to become the primary interface through which humans tell their computers what to do.
Cognition's client roster includes Goldman Sachs, Mercedes, and various areas of the US government.
According to Scott Wu, teams using Devin ship products 10 times faster and accomplish 10 times more work.
Scott Wu predicts that most of the technical challenges to creating an AI agent that serves as a full human-computer interface will be solved within the next 5 years.
At the time of its launch, Devin achieved a 13% success rate on the SWE-bench benchmark, surpassing the previous state-of-the-art performance of 3-4%.
Cognition's core strategic bet is that users will interact with AI as a coworker rather than as a tool or chatbot.
Cognition's first successful enterprise use case was with Nubank, the largest bank in Brazil by market cap at the time.
Approximately 75-80% of Cognition's current revenue is derived from enterprise customers.
Devin is a compound model system that dynamically selects the optimal model for a given task from providers including Anthropic, OpenAI, and Google, as well as Cognition's proprietary and open-source models.
The founding team of Cognition consists of 9 people, most of whom had previously founded their own companies.