D.R. Horton, the largest homebuilder in the U.S., is using artificial intelligence from Prophetic to address the housing shortage. Chronic underbuilding post-recession has created a deficit of 4 million homes, leading to a 50% price increase. Prophetic’s AI platform analyzes zoning regulations to help builders identify and develop suitable land efficiently.

Prophetic’s AI tool streamlines the land acquisition process by analyzing zoning manuals from every city and county in a state. The platform is operational in 25 states and will expand to all 50 by June. By quickly extracting zoning rules, developers can assess development potential in seconds, improving efficiency and competitiveness in the market.

Developers must navigate over 440,000 ways to describe land use regulations in states where Prophetic operates. The AI’s language model-based analysis simplifies the process, allowing builders to make faster decisions on single- or multifamily housing projects. This speed advantage gives builders a competitive edge in acquiring land and developing properties.

Read more at CNBC: D.R. Horton taps Prophetic AI to build more homes