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The Economic Times

Technology

AI shift drives Opendoor’s India exit: Here's all you need to know

Opendoor X India United States Kaz Nejatian Artificial Intelligence Bengaluru Chennai

US-based real estate technology company Opendoor is shutting down its India operations and laying off nearly 250 employees as part of a major restructuring effort. The move reflects a broader trend across the technology industry, where artificial intelligence (AI) is being increasingly deployed to streamline operations and reduce workforce requirements.

What is Opendoor?

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