Block is said to be moving at roughly 3X its previous development velocity with a much smaller team
At The Information’s 2026 AI summit, Block executive Owen Jennings said features shipped at Square in the first half of 2026 were about 3X higher than a year earlier. He said the point of AI productivity gains is to build better products for customers, faster.
TLDR
The Information says Block executive Owen Jennings told its 2026 AI summit that the company is operating with a much smaller team while moving at roughly 3X its previous development velocity. At Square, he said, features shipped in the first half of 2026 were about 3X higher than a year earlier. Jennings stressed that AI productivity isn’t the goal in itself; the point is to use those gains to build better products for customers, faster.
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