London: UK property portal giant Rightmove has announced that while its revenue growth remains steady, its underlying operating profit is expected to slow in the 2026 financial year. The company is entering a significant investment phase, with a particular focus on artificial intelligence (AI), which is likely to constrain near-term profit expansion.
Rightmove Invests in AI and Technology for 2026
Rightmove plans to invest around £18 million in 2026, directed largely toward technological upgrades and AI capabilities. CEO Johan Svanström emphasized that AI is central to the company’s future strategy, stating, “AI is now becoming absolutely central to how we run our business and plan for the future.” These initiatives, though costly in the short term, are intended to enhance the platform

C News English

AlterNet
Reuters US Top
CBS News
New York Post Video