Bending Spoons CEO on AI-Driven 'SaaSpocalypse' and Acquisition Strategy

Luca Ferrari, CEO of Bending Spoons, speaks with Tom Mackenzie on "Bloomberg Tech: Europe" about how falling software valuations are creating a golden opportunity for acquisitions. Ferrari explains that the company is benefiting in two ways: from cheaper targets and from using AI to write code, improve products, and scale its acquisition model faster. He reveals that AI now writes at least 90% of Bending Spoons' code, a testament to the company's tech-forward approach. Ferrari discusses the broader implications of AI on the software industry, including the so-called 'SaaSpocalypse' that is reshaping the competitive landscape. He shares insights into Bending Spoons' strategy for identifying and integrating acquisitions, and how AI is central to their success. This interview offers a fascinating look at how one company is turning industry disruption into a competitive advantage. For more tech news, subscribe to Bloomberg Tech on YouTube.