Skip to main content

Share story

AI

Airbnb says AI now writes 60% of its new code

Airbnb says AI now writes 60% of its new code Image: Primary
Airbnb said that artificial intelligence wrote 60 percent of the code its engineers produced in the first quarter. The company discussed its AI efforts during an earnings call focused on coding, customer support, and search. Chief Executive Brian Chesky said the tools help create software for application programming interface partners. He noted that an engineer can now use AI agents to perform work that previously required a team of 20 engineers. The company expanded its customer support AI bot, which now handles 40 percent of issues without escalation to a human agent. That figure is up from 33 percent earlier in the year. Airbnb is experimenting with AI to power its search function. Chesky described difficulties in using AI for travel and electronic commerce. Current chatbot interfaces have too much text, lack direct manipulation, make comparisons difficult, and do not support multiplayer bookings well. Net income rose 3.9 percent to 160 million dollars. Revenue increased 18 percent to 2.7 billion dollars. Nights booked grew 9 percent to 156.2 million. The new reserve now pay later feature drew almost 20 percent of gross booking value in the quarter.
Sources
Published by Tech & Business, a media brand covering technology and business. This story was sourced from techcrunch and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Robotics Capital
Robotics Capital

GenRobot AI raises $100 million for robot training data infrastructure

Beijing-based GenRobot AI has completed a $100 million Series A+ funding round, TechNode reported. The company develops equipment and software that collect human demonstrations for use in training robots, providing data infrastructure for companies developing robots.

Infrastructure AI
Infrastructure AI

Inner Mongolia AI campus built 120MW within a year

A wind-powered 800MW AI data center campus in Inner Mongolia built 120MW within a year, SemiAnalysis reported. Its account describes accelerating construction in China's fastest-growing AI data center region, citing low building costs and no public backlash.

AI Products
AI Products

Ocient raises $100 million to expand AI analytics business

Chicago-based data analytics company Ocient said it raised $100 million in Series C funding to expand its agentic AI analytics business, SiliconANGLE reported. Boka Capital and OCA Ventures co-led the round. Ocient makes a data analytics platform.