Block, maker of Cash App and Square, had a strong quarter, boosting its 2026 forecast. The company also shared that artificial intelligence (AI) is now used in most of its coding work, helping drive results.
Block, the financial technology company known for products like Cash App and Square, recently announced a very strong financial quarter. These positive results were much better than experts predicted, leading the company to raise its financial expectations for 2026. A key factor in this success, according to Block, is the widespread use of artificial intelligence (AI). The company reported that AI now plays a role in nearly all of its software engineering work. This broad integration of AI is helping to drive efficiency and innovation across its various platforms, contributing significantly to its improved performance.
169.102 SRY