OpenAI Expands ChatGPT’s Role to Support Product Purchases
Stay updated with the latest developments in artificial intelligence, focusing on the activity of significant players in the market in this daily summary. The public announcement from OpenAI read, ‘Over 700 million individuals utilize ChatGPT each week for daily assistance, ranging from product searches to everyday inquiries. As of today, we are initiating the process of enabling ChatGPT to even aid in product purchases, starting with the introduction of Instant Checkout, a service introduced by the Agentic Commerce Protocol in collaboration with Stripe.
As of now, United States-based users of ChatGPT Plus, Pro, and Free can initiate a direct purchase from Etsy (ETSY) sellers, pulling together an engaging chat experience. Moreover, Shopify (SHOP) vendors, boasting popular names like Glossier, SKIMS, Spanx, and Vuori, are on the horizon for integration. Currently, the Instant Checkout feature caters to single-item transactions, but we’re gearing up to incorporate multi-item shopping carts and broaden the scope to include more sellers and geographic regions in the near future.
Further to this, we’re opening up the technology behind Instant Checkout, the Agentic Commerce Protocol, hoping to foster a supportive environment for additional merchants and developers to commence their respective integrations.’ Hot off the press, Fuzzy Panda Research is speculated to be shorting shares of Rezolve AI (RZLV), suspecting the company of artificially inflating annual recurring revenue through the acquisition of struggling AI start-ups that are experiencing a dip in earnings.
An insightful report recently published traces this suspicion, suggesting that the agreements with tech giants such as Microsoft (MSFT) and Google (GOOGL) are not synonymous with genuine partnerships. In conjunction with this suspicion, Fuzzy Panda also speculates that Rezolve AI’s removal from the Russell 2000 Index is looming on the horizon.
Striding on the international front, the president of the United Arab Emirates, Sheikh Mohammed bin Zayed Al Nahyan, had a strategic meeting with the CEO of OpenAI in Abu Dhabi. The subject of the meeting centered around fortifying the collaboration between OpenAI and the UAE’s relevant organizations, with a particular emphasis on the sector of advanced AI research and its implementation.
Reflecting OpenAI’s continuous commitment to user protection and security, especially for younger users, the organization is launching parental controls along with a dedicated parent resource page. This effort aims to help households steer the functioning of the ChatGPT tool according to their specific needs.
From the beginning of the next week, all ChatGPT users will have access to this new feature. Parental controls offer parents the ability to link their user accounts with their adolescent’s account, facilitating the tailoring of settings to ensure a secure and suitable application of the AI tool.
This development and continuous improvements align with OpenAI’s larger mission of making ChatGPT a safe, reliable, and universally helpful tool. Efforts toward developing features and resources like these aim to empower families to control interaction with AI, especially when considering the needs and online safety of teenage users.