OpenAI working on payment checkout system within ChatGPT
Merchants that fulfill orders through the payment system will pay a commission to OpenAI, the report said.
The move would allow OpenAI to tap a new source of revenue, taking advantage of the heavy user traffic on ChatGPT, in addition to its traditional subscription model.
The checkout feature is still in development, but OpenAI and partners such as e-commerce platform Shopify have been presenting early versions of the system to brands and discussing financial terms, the report said.
OpenAI declined to comment and Shopify did not respond to a request for comment.
The two companies had announced a partnership earlier this year, shortly after the AI startup launched an enhanced shopping feature to better display products and reviews, the report added.
The Sam Altman-led company currently displays suggested products on ChatGPT through links that take users to online retailers' websites.
OpenAI said earlier this year that its annualized revenue run rate surged to $10 billion as of June, up from $5.5 billion in December 2024. The company, however, lost around $5 billion last year. Reuters
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Al Bawaba
a day ago
- Al Bawaba
From OpenAI to Meta: ChatGPT architect joins Zuckerberg's billion-dollar AI bet
Published July 26th, 2025 - 12:37 GMT ALBAWABA - Meta CEO Mark Zuckerberg has appointed Shengjia Zhao, a founding figure behind OpenAI's ChatGPT, as Chief Scientist of Meta's newly established Superintelligence Labs, the company's latest venture into advanced artificial intelligence research. Also Read Israel launches a new wave of airstrikes on southern Lebanon The announcement, reported by CNBC, marks a significant step in Zuckerberg's aggressive AI hiring and investment campaign, which includes a $14 billion investment in Scale AI and the launch of Meta Superintelligence Labs — a division dedicated to building cutting-edge AI models and infrastructure. Though Zhao's name was listed in Meta's internal June hiring memo, Zuckerberg confirmed on Friday that Zhao co-founded the Superintelligence Labs and has served as its Chief Scientist "since day one." He will work closely with Zuckerberg and Alexander Wang, the former CEO of Scale AI and now Meta's Chief AI Officer. In a social media post, Zuckerberg praised Zhao's leadership in AI innovation, writing, 'Shengjia has led several breakthroughs, including a new approach to scaling models. He has established himself as a leader in the field, and I look forward to working closely with him to bring his scientific vision to life.' The new Chief Scientist of Facebook's Superintelligence Labs is Chinese. Shengjia Zhao did his Bachelor's at Tsinghua University and then came to the US to study at Stanford. He was also the co-creator of ChatGPT. How China and immigration make America great again! — S.L. Kanthan (@Kanthan2030) July 26, 2025 A Track Record of AI Innovation Zhao's AI credentials are extensive. At OpenAI, he played a key role in developing ChatGPT, GPT-4, and several advanced iterations such as GPT-4.1, O3, and a range of compact AI models. He also headed OpenAI's Synthetic Data Division, contributing foundational work to model training and scalability. His recruitment is part of Meta's broader ambition to dominate the next generation of artificial intelligence. The Meta Superintelligence Labs will be responsible for developing foundational AI models, such as the LLaMA open-source model series, alongside conducting high-level AI research. Billions Poured Into AI Infrastructure Zuckerberg has recently declared that Meta is prepared to invest 'hundreds of billions of dollars' into building the computing infrastructure needed to support its superintelligence ambitions. The company's goal is to position itself at the forefront of AI development, competing with major players like OpenAI and Google DeepMind. With Zhao now leading the scientific front and Wang overseeing strategy, Meta is positioning its Superintelligence Labs as a major force in the race toward artificial general intelligence (AGI). © 2000 - 2025 Al Bawaba (
Ammon
a day ago
- Ammon
Gov't signs two foreign investment agreements worth JD133m
Ammon News - The Prime Ministry announced today, Saturday, the signing of two foreign investment agreements worth JD133 million in the health sector. According to the announcement, one of the agreements is for the construction of the new Madaba Hospital, and the other is for the digital transformation of hospitals affiliated with the Royal Medical Services Directorate.
Ammon
a day ago
- Ammon
Jordan's sectors added around 184,926 jobs during 2024
Ammon News - Jordan Economic Forum (JEF) issued a fact sheet on Saturday, titled "Job Creation in the Kingdom in 2024: Concentration and Beneficiary Groups". The paper tracks net job creation, a key tool for measuring the economy's capability to absorb new entrants to the labor market and mitigate worsening unemployment rates. The paper noted results of the 2024 Job Creation Survey showed approximately 184,926 individuals aged 15 and above had assumed new jobs, while around 89,584 others left the labor market during the same period. According to a JEF statement, the paper indicated that a total of about 96,421 new job opportunities were created in the Kingdom's public and private sectors, equivalent to approximately 96.4% of the annual target set within the Economic Modernization Vision (EMV). The statement said this growth reflects extent of efforts made to enhance labor market dynamism and "effective commitment" to the vision's path to generate "sustainable" jobs that contribute to reducing unemployment and improving living standards. On benficiary groups, the paper noted the new job opportunities were distributed at a rate of 69.3% for males, equivalent to 66,804 jobs, and 30.7% for females, equivalent to 29,617 jobs. The paper also indicated that the largest proportion of job opportunities created in 2024 was in the private sector, amounting to 75.7%, reflecting "success of economic policies and reforms in enhancing job opportunities, despite the surrounding geopolitical challenges. " In contrast, the Kingdom's public sector accounted for only 23.6% of these new jobs, indicating the private sector's "essential" role in achieving growth and employment goals within the Economic Modernization Vision. Given the nationality-based distribution of job opportunities in 2024, a "clear trend dominated to prioritize employment of Jordanian workers in the local market, with lower percentages allocated to foreign counterparts." The paper said majority of new jobs targeted Jordanian nationals, representing 90% of the total opportunities. However, non-Jordanian Arab nationalities accounted for 6.2% of the overall jobs, while non-Arabs received 3.7% of the total posts. In terms of the distribution of new job opportunities by economic activity, the paper noted Jordan's manufacturing, wholesale and retail trade sectors accounted for the largest share, with approximately equal percentages of 15.4% each.
