PayPal reaches deal to put digital wallet into OpenAI’s ChatGPT

Bloomberg Steve Dickson PayPal Holdings Inc shares soared after it reached a deal with OpenAI to embed its digital wallet inside the firm s ChatGPT product Hundreds of millions of OpenAI users already use the startup s generative artificial intelligence to find products according to a report The new tie-up will mean PayPal provides the payment instrument to turn those searches into actual purchases Related Articles Amazon to cut corporate jobs reports Moss Landing battery fire Moratorium on new battery plants proposed Wearable tech for your dog Life releases a new pet tracker PG E sees major increase promising in San Jose as electricity demand rises Google TPUs find sweet spot of AI demand a decade after chip s debut Shares of PayPal which had slumped almost this year through Monday surged in early New York trading The provision will offer multiple funding options as well as PayPal s buyer and seller protections and post-purchase services such as tracking and dispute resolution the companies reported in a announcement More stories like this are available on bloomberg com Bloomberg L P