Airbnb’s CEO Says AI Is ‘The Best Thing’ to Happen to It. Stock Jumps 17%

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Brian Chesky, CEO of Airbnb, said artificial intelligence is « the best thing » to happen to the company. The stock surged 17% on Friday, reaching a four-year high. Second-quarter revenue rose 17% to $3.61 billion. This beat Wall Street estimates of around $3.57 billion. The CEO provided investors with concrete numbers to demonstrate AI’s actual business benefits.

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