Chesky says Airbnb will spend ‘a lot more’ on AI as earnings beat and stock surges 15%
[Paragraph 1] Airbnb CEO Brian Chesky said AI is helping the company in every part of its business and that he is ready to spend more on tokens. The company reported Q2 earnings that beat expectations and raised its full-year guidance. [Paragraph 2] Chesky attributes the growth to AI, citing measurable signs such as increased bookings, easier listing and pricing for hosts, and lower customer-service costs. He also expects revenue to grow faster than staffing in the future.
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