Cognition Labs introduces 'Devin', a groundbreaking fully autonomous AI software engineer.

Devin is capable of managing complete development cycles, from writing and debugging code to project execution.

The project has secured backing from prominent industry figures and received funding from Peter Thiel's venture capital.

Under the leadership of CEO Scott Wu, the small team at Cognition Labs raised $21 million to redefine software development.

Access to Devin is currently exclusive, with plans to expand availability and provide early access to more users.

Cognition Labs teases the future creation of AI workers for various other fields beyond software engineering.

The innovation has garnered significant attention and investment, signaling a potential major shift in the software development landscape.