Overview

• Brian Armstrong reported that AI now produces roughly 40% of Coinbase’s daily code and set a goal to exceed 50% next month.
• The share has climbed from about 18% in April, based on a chart the CEO shared to show accelerating adoption.
• Armstrong said all AI outputs must be reviewed and that some parts of the business remain unsuitable for AI-written code.
• Media reports say Coinbase secured enterprise licenses for GitHub Copilot and Cursor and required engineers to onboard, with Fortune reporting alleged firings of those who refused; the company has not provided confirmation.
• Peer benchmarks underscore a broader shift, with Microsoft citing up to 30% of code generated by AI and Google reporting more than a quarter.