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Airbnb acquires AI startup for just under $200 million - TL;DR CNBC

Airbnb acquires AI startup for just under $200 million

Publishing timestamp: 2023-11-14 12:17:00


Summary

Airbnb has made its first acquisition as a public company, acquiring a startup called Gameplanner.AI for just under $200 million. Gameplanner.AI, founded by Adam Cheyer, one of the founders of Siri, will accelerate Airbnb's AI projects. Airbnb CEO Brian Chesky aims to use generative AI to enhance users' travel experiences. This acquisition could potentially make Airbnb more attractive for acquisition and follows reports of Google's talks to invest in another AI startup.


Sentiment: NEUTRAL

Tickers: ABNB

Keywords: airbnb incbusiness newsartificial intelligencebreaking news: technologytechnology

Source: https://www.cnbc.com/2023/11/14/airbnb-acquires-ai-startup-for-just-under-200-million.html


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