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PayPal's Quiet AI Comeback — Could It Be Powering OpenAI's Shopping Push?
Benzinga
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3 months ago
PayPal surged 11% amid speculation it could power OpenAI’s AI-driven shopping ecosystem. With ties to Shopify and Google, CEO Alex Chriss is steering PayPal toward AI commerce through new tools, buybacks, and financing deals.
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00:00
It's Benzinga, bringing Wall Street to Main Street.
00:02
PayPal shares rallied 11% in five days to near $76 as speculation grows that it can become
00:07
the payment's backbone for OpenAI's AI-driven shopping ecosystem, according to Benzinga.
00:13
A wave of new product launches and upbeat analyst sentiment has revived speculation
00:16
about PayPal's potential role in enabling AI-powered shopping through JetGPT.
00:21
PayPal's existing partnerships with Shopify and Google suggest a coordinated foundation
00:25
for its role in powering OpenAI's AI-driven commerce ecosystem.
00:28
CEO Alex Chris is reshaping PayPal into an AI-driven commerce platform through personalized
00:34
checkout tools, major buyback, and a BNPL financing deal with Blue Owl Capital.
00:39
For all things money, visit Benzinga.com.
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