Walmart partners with OpenAI to allow shoppers to make faster purchases through AI chatbot ChatGPT. Consumers are increasingly turning to AI chatbots for gift ideas and deals. Walmart CEO Doug McMillon says the new AI feature will be personalized and contextual, enhancing the shopping experience. Shares of Walmart rose nearly 5% on Tuesday.

OpenAI announces Instant Checkout feature for shoppers to buy items through Walmart. The feature will support single-item purchases from Etsy sellers and will soon include Shopify merchants. OpenAI will charge a fee for transactions completed through ChatGPT. Walmart also has an AI-powered shopping assistant on its app called Sparky.

Read more at CNBC: Walmart teams up with OpenAI to allow purchases in ChatGPT