BLOCK EXPLORES HOW TO PRICE AI

Summary from the TLDR Fintech newsletter

Block has deployed AI assistants across Cash App and Square but is deliberately holding off on monetization. CEO Jack Dorsey is prioritizing adoption and product quality before committing to a pricing model. Six months after cutting 40% of its workforce in an AI-focused reorg, agentic AI now writes and reviews nearly all of Block's production code. Q2 gross profit rose 25% to $3.2B.