I believe they treat the bamboo with a borax solution. The designer gave a TED talk that goes into more depth.
https://www.ted.com/talks/elora_hardy_magical_houses_made_of... (treatment method is mentioned at: 4:08 into talk).
https://www.ted.com/talks/elora_hardy_magical_houses_made_of... (treatment method is mentioned at: 4:08 into talk).