Will Opendoor's "Default to AI" Strategy Deliver Real Returns?
Key Takeaways Opendoor is shifting to an AI-first model to automate pricing, inspections, and transactions.AI use has cut assessment times to 10 minutes and doubled acquisition velocity in recent weeks.OPEN cut adjusted operating expenses by 40% and targets breakeven net income by the end of 2026.Opendoor Technologies (OPEN) is undergoing a fundamental reset under new CEO Kaz Nejatian, repositioning itself as a software- and AI-first company rather than a balance-sheet-heavy housing trader. The centerpiece ...