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WSJ Tech News Briefing

The Promise and Peril of Sam Altman’s Dealmaking

WSJ Tech News Briefing

The Wall Street Journal

Tech News, News

4.31.7K Ratings

🗓️ 24 October 2025

⏱️ 13 minutes

🧾️ Download transcript

Summary

Sam Altman, the CEO of OpenAI, has been on a dealmaking blitz with some of the world’s largest, most important AI players such as Nvidia and SoftBank. But there are risks to his high-stakes tactics, as WSJ reporter Berber Jin explains. Plus, WSJ Heard on the Street columnist Jinjoo Lee discusses how retailers might be threatened by ChatGPT’s new direct-purchasing feature. Belle Lin hosts. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:33.7

Welcome to Tech News briefing. It's Friday, October 24th. I'm Bell Lynn for the Wall Street Journal.

0:41.1

We have two stories today about the company of the moment, OpenAI. ChatGPT is by far the most popular AI

0:49.8

chatbot right now. And while you might already use it to plan a vacation or spruce up your

0:55.8

emails, OpenAI is betting that you'll use it to buy stuff too. We look at how retailers might be

1:03.0

affected if shopping inside ChatGPT becomes ubiquitous. Plus, one of OpenAI CEO Sam Altman's greatest strengths is that of mega deal-making.

1:13.6

He's flown all over the world striking deals with some of the biggest companies behind the AI boom.

1:20.6

But his high-stakes tactics come with risks too.

1:24.6

But first, OpenAI just released a new feature called Instant Checkout. It allows people

1:33.3

to buy things directly through ChatGAPT. So imagine asking it for a list of top-reviewed

1:39.8

backpacks and then buying your new bag without ever leaving the chat bot. While that seems easy and

1:46.1

convenient for us, our hurt on the street columnist, Jinju Lee says it also comes with some

1:52.4

drawbacks for the retailers who partner with it. So Jinju, Walmart's stock jumped when it

1:58.7

announced recently that shoppers could go through chat

2:01.1

GPT to buy stuff.

2:03.5

Besides the bump in their stock, what are some of the possible benefits to retailers

...

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