If that were true, they wouldn't publish hype results that then turn out to be completely unsubstantiated. Remember the "agents built a web browser"? I can't personally judge your friend as I don't know him. But the company is consistently lying about how good their product is in order to hype it up.
I don't talk to said friend about their work, so I genuinely have no insight here, but if I were a betting man, I'd bet what they have internally is considerably disparate from what is currently available in their consumer product.