About This Deal

Airbnb acquired GamePlanner.AI, a transaction completed in November 2023, structured as stock (877,062 Class A common shares issued as part of the consideration).

GamePlanner.AI operates in Artificial intelligence, is based in United States (stealth startup, ~12 employees). Airbnb completed the acquisition of a company on November 14, 2023, issuing an aggregate of 877,062 shares of Class A common stock as part of the consideration; the target is GamePlanner.AI, a stealth AI startup co-founded by Siri co-creator Adam Cheyer and Siamak Hodjat. Airbnb's 10-K reports the deal increased goodwill and intangible assets but was not material to its financial results, and no dollar value was disclosed. The roughly twelve-person team was set to accelerate select AI projects and embed AI tools across the Airbnb platform.

Airbnb framed the deal around a shared belief that AI works best when paired with strong design and community, using the team to speed up its AI roadmap rather than for a standalone product.

Elite AI leadership (Adam Cheyer of Siri/Viv Labs fame) and a small senior team to jump-start Airbnb's AI capabilities. Team tasked with accelerating select AI projects and integrating AI tools into the Airbnb platform. Folded into Airbnb's AI efforts; Cheyer and Hodjat's team joined Airbnb.

Deal Terms

Acquirer
Airbnb
Target
GamePlanner.AI
Value
Not disclosed
Date
November 2023
Type
Full acquisition (talent/technology)
Status
Ready

Transaction Details

Target HQ
United States (stealth startup, ~12 employees)
Segment
Artificial intelligence
Structure
Stock (877,062 Class A common shares issued as part of the consideration)
Announced
November 16, 2023
Closed
November 14, 2023
Synergies
Team tasked with accelerating select AI projects and integrating AI tools into the Airbnb platform.

In Their Words

What makes GamePlanner.AI so special is that they combine expertise in AI, design, and community.Brian Chesky, Co-Founder and CEO, Airbnb
A big part of what attracted us to Airbnb was our shared commitment to using AI to enable human connection.Adam Cheyer, Co-Founder, GamePlanner.AI

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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