By Henry Saker-Clark, Press Association Deputy Business Editor
Publication Date: 2026-02-27 12:05:00
Rightmove is aiming for more growth through AI deployments and is trying to address concerns that the sector could pose a threat.
The company’s shares jumped Friday morning as its housing platform business also reported increases in sales and profits last year.
Shareholders were also told that the company had seen “strong momentum” so far in 2026.
However, Rightmove shares have seen their share price fall over the past six months amid fears that the increased use of AI platforms such as ChatGPT would impact the company and other property portals.
Rightmove continued to be positive about its current position and highlighted efforts to work with the AI sector.
Johan Svanstrom, CEO of Rightmove, said: “Building on our multi-year technology leadership and adoption of AI-powered solutions, we most recently complemented our broad product range with a conversational search tool developed in collaboration with Google Cloud.”
“Looking forward, we will introduce a…