iBuying platform Opendoor Technologies Inc. (NASDAQ:OPEN) has rolled out its Cash Plus service to nearly every ZIP code in the U.S. in just a matter of weeks, underscoring the scale and speed unlocked by its recent adoption of artificial intelligence.

Opendoor’s AI-Driven Nationwide Expansion

On Monday, Opendoor's new CEO, Kaz Nejatian, drew a sharp contrast between the company's early growth years and its latest push.

Its initial expansion, limited to just a small cluster of ZIP codes, unfolded over a period of 10 years, while its recent nationwide rollout was completed in about 10 weeks, a shift he attributed to the company's growing use of artificial intelligence.

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In fact, as recently as last week, Opendoor was active in only a limited set of key markets, whereas today its services span nearly the entire country, with just a few gaps remaining in between.

Opendoor, which aims to simplify home ...