00:00It's Benzinga bringing Wall Street to Main Street.
00:02Airbnb said AI generated 60% of its new code in the first quarter
00:06as revenue increased 18% to $2.7 billion, according to Benzinga.
00:12CEO Brian Chesky said one engineer can now handle work
00:15that previously required a team of 20 with AI agents operating under human supervision.
00:22Airbnb's AI customer support agent now resolves 40% of issues without human escalation,
00:27up from 33% earlier this year.
00:30OpenAI, Google, and Spotify reported growing AI use in software development,
00:36with some developers shifting from writing code to supervising AI systems.
00:41Microsoft CEO Satya Nadella said AI writes 20% to 30% of the company's code,
00:47while Meta CEO Mark Zuckerberg said AI could handle half of Meta's development within a year.
00:53Chesky also said no company has solved AI for travel or e-commerce.
00:57Shares were up by 0.63% at $141.35 in Monday's pre-market trading,
01:04according to data from Benzinga Pro.
01:06For all things money, visit Benzinga.com.
01:09www.thema.com.
01:09www.thema.com.
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