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Airbnb just bought a stealth AI company for slightly under $200 million

Nov 14, 2023 - fastcompany.com
Airbnb has acquired GamePlanner.AI, a stealth startup, to boost its AI projects. The startup, led by Siri co-founder Adam Cheyer, is expected to help Airbnb develop practical applications for AI, according to CEO Brian Chesky. The acquisition, Airbnb's first as a public company, was reportedly closed for just under $200 million.

Chesky believes AI can enhance the customer experience by better matching them with suitable rentals. This comes as Airbnb recently launched an AI-powered tool that assists hosts in sorting their listing images. The acquisition signifies the increasing importance of generative AI in tech firms.

Key takeaways:

  • Airbnb has acquired GamePlanner.AI, a stealth startup, to accelerate select AI projects.
  • GamePlanner.AI was cofounded by Adam Cheyer, who also cofounded Siri, and Siamak Hodjat, who led the natural language processing team for Siri at Apple.
  • This acquisition is Airbnb's first since becoming a public company, and it closed for just under $200 million.
  • Airbnb CEO Brian Chesky believes AI can help better match customers with their perfect rentals and recently launched an AI-powered photo tour tool for hosts.
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