On Friday, Airbnb Inc.
(NASDAQ:ABNB) CEO Brian Chesky said artificial intelligence is transforming the company's business, admitting he had previously "underestimated" its impact.
Chesky Doubles Down on AI Spending In an interview with CNBC, Chesky said Airbnb will spend "a lot more" on AI in 2026 as the company raised its full-year outlook.
"I have so underestimated the impact of AI," he said, adding that implementation costs "pale in comparison" to the revenue and productivity gains the company is seeing.
"We are going to spend a lot more on AI tokens this year than we forecasted," Chesky said, referring to the units by which AI use is measured.
