You can watch the videos on https://www.intellectdesign.com/convergence-2022/. They give an idea of the technology stack used. Roughly 8 years ago all products had a client-server based monolith architecture. They moving to a MACH based approach - microservices, API, CloudNative and Headless.
https://www.sitecore.com/blog/headless/what-is-mach-architecture
They also have invested in machine learning for document recognition
Most companies will throw a lot of buzzwords. A lot of times they will just have a thin facade/API wrapper over legacy code. So it is very hard to gauge the true level of modernisation from presentations.
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