The Rundown Walmart & OpenAI Announce Shopping Deal, Morgan Stanley Sales Hit New Record
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Oct 15, 2025 Discover how OpenAI's partnership with Walmart allows users to shop directly through ChatGPT. Get the latest insights on the stock market's reaction to Trump's trade comments and rising US-China tensions. Learn about Morgan Stanley's record revenue surge, driven by strong investment banking and trading. Plus, hear about the upcoming Netflix–Spotify deal that will bring video podcast content to the streaming giant. Tune in for all the buzz around the latest financial developments!
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ChatGPT Becomes A Shopping Channel
- OpenAI partnered with Walmart to let ChatGPT users browse and buy Walmart products directly inside ChatGPT.
- OpenAI will take a cut of sales, turning ChatGPT into a shopping and revenue channel.
Revenue Falls Short Of Ambitious Spending
- OpenAI reports about $13 billion in annual recurring revenue, mostly from subscriptions like ChatGPT Plus and Pro.
- The company faces massive future spending commitments that likely require new monetization like ads and commerce cuts.
Adult Content As A Monetization Path
- Sam Altman said OpenAI will relax safety filters to allow adult content for verified users.
- This signals OpenAI exploring controversial revenue streams beyond subscriptions and commerce cuts.