OpenAI scales back ChatGPT shopping to app checkouts
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- OpenAI is scaling back its 'Instant Checkout' feature, moving shopping transactions to specific apps integrated with ChatGPT (The Information).
- OpenAI reportedly achieved $25 billion in annualized revenue by the end of February, an increase from $21.4 billion at the end of 2025 (The Information via TechMeme).
- OpenAI has selected two law firms, indicating concrete steps toward a potential IPO as soon as Q4 (The Information via TechMeme).
Why it matters: OpenAI's strategic shift in commerce and strong financials signal a maturing business eyeing public markets.
