PayPal is expanding its advertising business, leveraging its extensive transaction data to sell ads to clients like Mercedes-Benz, Walmart, and DoorDash. Led by Mark Grether, the new division aims to enhance targeted advertising capabilities across PayPal and Venmo, while also extending its services to European markets. The company emphasizes its unique data advantage over traditional retail giants to attract corporate customers and drive revenue growth.

OpenAI is planning to take a percentage of sales generated through its ChatGPT shopping feature as part of its strategy to increase revenue. This move indicates a shift towards monetizing AI-driven e-commerce capabilities.