Coinbase Head of Platform Rob Witoff announced that AI now assists in writing 95% to 100% of the company's code. This figure represents a sharp increase from the 40% reported in February.
Engineers currently manage multiple AI agents that collectively perform work equivalent to 1,200 employees. Nearly all staff members now utilize these AI tools in their daily operations.
The shift follows a 14% workforce reduction in May intended to streamline AI integration. The company aims to leverage these efficiencies to regain a startup-like operational speed.
While AI now fully handles prototyping, human engineers still provide meticulous oversight for sensitive areas like core cryptography.