Block, IncBuzz platform leverages AI and core technologies, plus strong earnings beat.

Block CEO Jack Dorsey said the company's new workspace collaboration platform, Buzz, elevates its core technologies to a new height. During Block's second-quarter earnings call, Dorsey stated that AI technologies have always been integral to the company's DNA, and that Buzz takes it to a different level. He noted many sellers are frustrated with current tools and seek something built-in, with Buzz designed to help businesses manage sales, employees and operations from a single workspace. Block launched Buzz last month as an open-source platform connecting humans and AI agents in conversations. The company also reported second-quarter earnings of $1.02 per share, beating the consensus estimate of 87 cents, and revenue of $6.62 billion, surpassing the $6.49 billion estimate.
Block, IncBuzz platform leverages AI and core technologies, plus strong earnings beat.