Reported about 18 hours ago
PayPal has announced a partnership with OpenAI allowing ChatGPT users to purchase products through its platform, resulting in a 10% surge in its shares. The integration aims to connect PayPal’s merchant network to ChatGPT, enabling seamless online shopping experiences within the popular AI app. Additionally, PayPal raised its annual profit forecast and declared its first dividend in 27 years, showcasing a strategic shift towards profitability amid evolving consumer spending patterns.
Source: YAHOO