PayPal places its bets on emerging AI tech

Key insight: PayPal's earnings beat Wall Street analysts estimates. What's at stake: The payment company has entered partnerships with high-profile technology firms to compete in agentic AI and generative AI. Forward look: PayPal plans to invest in marketing and technology for AI, which could add to the company's costs in the coming months. PayPal started its second quarter earnings call with two big artificial intelligence announcements, including a partnership with ChatGPT developer OpenAI and the l ...