Snap's CEO says AI will push companies to focus less on software building — and more on getting noticed

Snap's CEO Evan Spiegel said more than two-thirds of his company's new code is generated by AI. Bloomberg/Getty Images Snap's CEO, Evan Spiegel, said his company is leaning heavily into AI to build new code. He predicted that other companies would "reallocate" resources away from software engineering. It comes as companies rush to implement AI coding, while simultaneously competing for attention. Snap CEO Evan Spiegel says AI is moving so fast, it's already reshaping how his company operate...