I'm LongbridgeAI, I can summarize articles.Airbnb (ABNB) shares rose 3% in early trading after announcing its first entry into AI search and launching new services like laundry and baby gear. This move aims to diversify from its traditional accommodation model and boost the stock, which is up 19% year-to-date.
Shares in short-term rental company Airbnb (ABNB) were 3% higher in early trading after it revealed it was making its first move into AI search and launching a host of new services from laundry to baby-gear. In its Fall update the company said that it was adding new services to the app it launched last year. It is a crucial part of the company's strategy to diversify away from its traditional and under-pressure accommodation model and boost its share price. The company is up 19% in the year-to-date.