Hi everyone. I'm Steven, and thanks for having me. So yeah, I'm going to be talking about taste and software development, though I did prepare some slides as well, where you can see that the actual subject is the future of software engineering. And I'll explain how this relates to taste in just a sec. But first, a bit about myself. I'm Steven, a CTO and co-founder of Cognition. And yeah, I've been a software engineer for probably like 20 years now. So very excited to be here speaking to you all.
As I mentioned at Cognition, taste in software development actually is just having a good opinion about the future of software engineering. And that's because what we build is a product called Devon. Devon is an AI software engineer, and what we sell is AI transformation for engineering organizations. So taste in software development for us is just understanding where the future is headed for AI coding and articulating that both in our product and to our customers. So, I want to talk a bit about how Cognition writes software as well, because I often get this question, which is, Cognition is a two-year-old company that has 50 engineers, and yet has half a billion of revenue and is valued at $26 billion. And it's a pretty small team for a company of this size. And I guess the answer is just Devon. Devon augments our engineering team so that even with a relatively lean engine team, we can do the work of much larger organization. And this comes in handy, because being the biggest users of our product, lets us kind of stay on top of it and make sure what we're selling to our customers is a great experience.
So I'm sure all of you have used AI coding tools before. So I want to talk a bit about the difference between Devon and other AI tools. So, to do that, I'm going to first recap a bit of the evolution of AI software engineering. We obviously started with tab completion. Shout out to GitHub Copilot, who invented that. And then we got chat with your IDE, like with products like cursor and Windsurf. And most recently, everyone's been using a lot more agents, such as cloud code, Codex, Devon, cursor, etc. So that's kind of where we are right now, we can delegate tasks to agents, and they will basically just complete them. AI has come a long way. But for users of Devon, they actually have a bit more than just that. They have what we call an AI software engineer, that they can assign not just tasks, but responsibilities to. So what does that look like? Well, first, at Cognition, like many of you, we use AI to write almost our code. And you can see that our merge rate has spiked pretty dramatically in the past couple months.
Comments