Snigdha Gairola Tue, 14 April 2026 at 11:31 am GMT-5 2 min read Snap Inc. CEO Evan Spiegel on Sunday said artificial intelligence is transforming the company, calling it the best thing that has ever happened to Snap. In an interview with David Senra, Spiegel described AI as “probably the best thing that’s ever happened” to Snap, pointing to its ability to help the company move faster despite limited resources. Spiegel said Snap has spent years competing against much larger rivals, calling it “like trench warfare with monopolies for 15 years.” Don’t Miss: A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why Experts say these common ETF pitfalls can catch new investors off guard That experience, he added, taught the company an early lesson: “there’s no moat in software,” meaning competitors can quickly replicate features. With AI making it even easier to copy products, Spiegel said Snap has focused on building harder-to-replicate advantages. “We’ve evolved our business to really focus on the things that hard to copy,” he said, citing network-driven communication, creator ecosystems and augmented reality platforms. He also emphasized the rapid internal impact of AI
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