Technology · Brazil
—The bet. QuintoAndar, Brazil’s largest property platform, will invest two billion reais, about four hundred million dollars, in artificial intelligence.
—The horizon. The money will be spent over two years and comes from the company’s own cash, not a new funding round.
—The aim. The goal is to rebuild its apps so that AI sits at the center of finding, renting and buying a home.
—The scale. The firm is one of Latin America’s most valuable startups, worth around five billion dollars.
