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Airbnb relies on AI in user experience shift, plans for expansion

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The U.S.-based lodging platform Airbnb introduced Tuesday plans for enlargement in some European nations and mentioned it could leverage synthetic intelligence (AI) know-how in revamping person expertise on its app.

The short-term rental firm mentioned it targets enlargement in Switzerland, the Netherlands and Belgium and has explicitly referred to its latest success in Germany when asserting its plans. However, it believes it is just simply starting there.

Airbnb can be counting on synthetic intelligence to alter the person expertise within the app fully, mentioned co-founder and chief govt Brian Chesky.

Airbnb’s income rose 17% year-over-year to $2.2 billion previously quarter. More than 7.7 million flats and homes had been supplied for in a single day stays on the platform on the finish of the 12 months – 18% greater than a 12 months earlier. The largest progress was within the Asia-Pacific area and Latin America.

At the identical time, there are nonetheless 9 Airbnb prospects for everybody who stays in a resort as an alternative, Chesky mentioned in a convention name with analysts. Therefore, there may be nonetheless loads of room for progress.

Airbnb posted a lack of $349 million within the final quarter, following a revenue of $319 million a 12 months earlier. The firm cited a one-off tax cost of round $1 billion as the rationale for this.

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