Markets.News
iBuying platform Opendoor Technologies Inc. has launched its Cash Plus service across almost all ZIP codes in the U.S. within a few weeks, showcasing the rapid expansion made possible by its integration of artificial intelligence. CEO Kaz Nejatian highlighted the significant advancement in the company's growth strategy, emphasizing the contrast between its slow expansion in a handful of ZIP codes over a decade previously, and the recent nationwide rollout completed in just 10 weeks. Opendoor's use of AI has enabled this accelerated pace, with the company now operating in almost every corner of the country, with only a few areas left to cover. This shift demonstrates Opendoor's commitment to utilizing technology to streamline the home buying process.