Coinbase Shifts Nearly All Coding To AI After 700 Layoffs
Coinbase says AI now helps write between 95% and 100% of its code, up sharply from 40% reported in February.
Head of Platform Rob Witoff said nearly every employee uses AI daily. Engineers now run multiple AI agents simultaneously, accelerating software development across the company.
The update comes after Coinbase cut 700 employees and doubled down on an AI first strategy.
Coinbase believes AI agents could eventually perform work equivalent to 100,000 employees by 2030.
Source: CoinTelegraph