Nope. This is hyperbole (although not completely unfounded).
My department hired a junior female of color coder of color after she completed a coding bootcamp. She wasn't a diversity hire, she was simply the best person for the job at the time. We legitimately needed to fill the position and luckily the company was willing to take a risk on a junior dev. In her previous short career, she was a public school teacher. She's not a "rockstar", a "ninja", or a 100x programmer (neither am I), but she's reasonably good at programming and is curious and driven enough to teach herself whatever she doesn't know.
BTW, we are an early-stage, funded cybersecurity company with a fantastic product in San Jose, CA.