Core Insights - OpenAI is partnering with Walmart to enable direct purchases within ChatGPT, aiming to enhance its chatbot's functionality as a virtual merchant and increase revenue [1][4] - Walmart's new feature will allow customers to "simply chat and buy," facilitating instant checkout for various products through ChatGPT [2][3] - This partnership represents a significant expansion for OpenAI in the eCommerce sector, competing with major players like Amazon and Google for digital shopping fees [4] OpenAI's Strategy - The collaboration with Walmart is part of OpenAI's broader strategy to integrate its technology into online commerce, having previously launched similar initiatives with Shopify and Etsy [4][5] - OpenAI has not yet turned a profit and relies on investor funding to support its AI development and operational costs [4] Walmart's AI Integration - Walmart has been enhancing its AI capabilities across its operations, including the introduction of its AI shopping assistant, Sparky [6] - The partnership will also extend to Sam's Club members, showcasing Walmart's commitment to AI literacy among its employees [6][7] - Walmart's stock saw an increase of nearly 5% following the announcement of this partnership [7]

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Chat GPT app icon is seen on a smartphone screen, Aug. 4, 2025, in Chicago. Credit: AP Photo/Kiichiro Sato, file OpenAI is turning ChatGPT into a virtual merchant that can help sell goods for Etsy and Shopify as the artificial intelligence company looks for new revenue in online commerce. ChatGPT users can now buy directly fro ...

Group 1: Industry Overview - The fintech industry is expected to experience rapid growth due to the shift to online commerce and increasing demand for digital payment methods [1] - Investing in companies like Block and PayPal, which are leaders in the fintech space, is considered a promising opportunity despite recent challenges [1] Group 2: Block Performance - Block's revenue decreased by nearly 2% year-over-year to $6.05 billion in Q2, but gross profit increased by 14% to $2.54 billion, and adjusted earnings per share rose by 32% to $0.62 [2] - The core businesses of Block, Square and Cash App, both showed significant growth, with Cash App expanding its services to compete with banks [4][5] - Cash App's buy-now-pay-later options have gained popularity, contributing to strong gross profit growth, and existing customers are increasingly engaging with more services [6] Group 3: Future Prospects - Block's focus on younger consumers, particularly through Cash App, is seen as a long-term growth opportunity as these customers mature and increase their spending [5] - Despite concerns over Block's reliance on Bitcoin trading, which impacted revenue in Q2, the core business remains strong and presents attractive long-term prospects [7] - The stock, having declined 14% this year, is viewed as a buy due to its solid core ecosystems [7]