Digest: ChatGPT Adds PayPal Wallet; Musk Launches AI Encyclopedia; StarHub and Mediacorp Team Up for Singapore Viewers
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Digest: ChatGPT Adds PayPal Wallet; Musk Launches AI Encyclopedia; StarHub and Mediacorp Team Up for Singapore Viewers
"PayPal announced plans to integrate its payment services directly into ChatGPT by 2026, leveraging OpenAI's Agentic Commerce Protocol (ACP) and the platform's "Instant Checkout" feature. The move will allow users to make purchases through PayPal within the ChatGPT interface, streamlining the shopping experience with AI-powered agents. Customers will be able to use their PayPal wallets for transactions, with the company ensuring buyer and seller protections, dispute resolution, and support for card payments via a dedicated API."
"Meanwhile, OpenAI and Microsoft have finalised an agreement that restructures the AI company into a public benefit corporation, positioning it for a potential public listing. The deal values OpenAI at USD$500bn (£370bn) and allows Microsoft to keep a 27% stake, worth approximately USD$135bn (£99.9bn) in the newly formed OpenAI Group PBC. Control of the entity will remain with the nonprofit OpenAI Foundation."
"Elon Musk has launched Grokipedia, a new AI-powered online encyclopedia developed by his AIfirm, xAI. Announced on X, Musk described the site as a corrective to what he perceives as ideological bias on Wikipedia, pledging to "purge out the propaganda." The launch follows increasing criticism of Wikipedia from Musk and his political allies in recent months."
PayPal plans to integrate its payment services directly into ChatGPT by 2026 using OpenAI's Agentic Commerce Protocol (ACP) and the platform's "Instant Checkout" feature. The integration will enable purchases through PayPal within ChatGPT, allow use of PayPal wallets, and provide buyer and seller protections, dispute resolution, and card-payment support via a dedicated API. Merchants using PayPal will see products surface in ChatGPT across multiple categories with no extra integration required. OpenAI and Microsoft restructured OpenAI into a public benefit corporation with a USD$500bn valuation and Microsoft retaining a 27% stake. Elon Musk launched Grokipedia to counter perceived ideological bias on Wikipedia. StarHub and Mediacorp are partnering to enhance the viewing experience for customers in Singapore.
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