In a large bowl, whisk together flour, sugar, and baking soda.
2 cups all-purpose flour, 2 cups white sugar, 1 teaspoon baking soda
Beat in milk, eggs, and vanilla with an electric mixer on low speed until smooth.
½ cup milk, 2 large eggs, 1 teaspoon vanilla extract
In a saucepan, combine water, butter, oil, and peanut butter. Cook over medium heat, stirring until smooth, about 5 minutes.
1 cup water, ½ cup butter, ½ cup vegetable oil, ½ cup peanut butter
Stir the peanut butter mixture into the flour mixture until well combined. Pour the batter into the prepared pan and spread it evenly.
Bake in the air fryer at 160ºC (320°F) for 30 minutes, or until a toothpick inserted in the center comes out clean.