PAYPAL SIGNS DEAL WITH OPENAI TO BECOME THE FIRST PAYMENTS WALLET IN CHATGPT

Summary from the TLDR AI newsletter

PayPal's digital wallet will be embedded into ChatGPT so users can pay for items through the chatbot starting next year. The deal will also allow merchants to sell items on the platform. The move is an early part of OpenAI's efforts to broaden ChatGPT's use for e-commerce. The company believes its 700 million-plus weekly users will use the service to find items, similar to a human personal shopper. PayPal is attempting to position itself as a payments backbone for the upcoming era of agentic AI shopping.