Cognition AI has launched its revamped coding assistant, Devin 2.0, which features a new agent-native integrated development environment (IDE) and is priced significantly lower than its predecessor. The subscription fee has been reduced from $500 to $20, making it more accessible for developers. Devin 2.0 allows users to run multiple instances of the assistant simultaneously, enhancing productivity by enabling parallel task execution. Additional features include task scope determination before execution, code library explanations through Devin Search, and the ability to create detailed architecture diagrams linked to source code and documentation. This update is part of a broader trend in the AI sector, with multiple companies, including Anthropic and Amazon, announcing significant advancements and new models this week.