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Opendoor named a new CEO who plans AI-driven changes to boost efficiency, but the company remains unprofitable and risky.
Opendoor Technologies (OPEN) saw its stock rise after appointing a new CEO who unveiled plans to restructure the company using artificial intelligence to improve pricing, inventory management, and efficiency.
Despite the optimism, the company remains unprofitable, relying on a large-scale home flipping model that has yet to prove sustainable.
Its long-term success depends on unproven scalability, high capital needs, and real estate market conditions, making it a risky investment despite recent gains.
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Opendoor nombró un nuevo CEO que planea cambios impulsados por la IA para aumentar la eficiencia, pero la compañía sigue siendo poco rentable y riesgosa.