UK AI startup Cosine raises $2.5M for its AI developer outperforming human coders
Summary
UK-founded AI startup Cosine has raised $2.5 million from SOMA and Uphonest in a round that also included funds like Lakestar and Focal. In parallel, it achieved a breakthrough in AI-assisted software development with its artificial developer, Genie.Based between San Francisco and London, Cosines Artificial Developer, Genie, works like a very good human developer.For instance, it is able to solve bugs, build features, refactor code, and everything in between either fully autonomously or collaboratively with other developers.Founded in 2022, Y-Combinator-backed Cosines software was created out of the founders realisation of the potential in using LLMs to perform complex tasks in the coding space by imitating human software developers behaviours. It is uncannily human in its approach to reasoning as a result, with the founders primary goal to create truly resilient AI capable of tackling open-ended problems across various domainsThe company has achieved a 30 per cent score on SWE-Bench, the industry standard for evaluating software engineering skills in AI models.The benchmark, which includes real-world human tasks in software architecture, debugging and implementing new features in existing codebases, assesses an AI models ability to understand, modify, and generate complex code. This marks the highest score achieved by any company to dateCosines score represents a 56 per cent improvement over the previous best score, held by Factory at 19 per cent and 2196 per cent improvement over OpenAIs GPT4 score of 1.31 per cent.By fine-tuning models to emulate human reasoning, Cosines approach has beaten out rivals like AWSs Amazon Q Developer and Cognitions Devin, both of which scored under 20 per cent on the same benchmark. "Weve developed a product capable of beating OpenAI and others in completing complex software tasks - in a fraction of the time and money it has taken our competitors to achieve the same results.