Stripe has partnered with OpenAI, an artificial intelligence (AI) research organization. The collaboration aims to monetize OpenAI’s ChatGPT and DALL·E products and integrate OpenAI’s latest natural language technology, GPT-4, into Stripe’s offerings. Here ate the details…
Stripe and OpenAI collaborate to monetize OpenAI’s flagship products and enhance Stripe with GPT-4
The collaboration between Stripe and OpenAI involves the commercialization of OpenAI’s generative AI technology using Stripe’s suite of products. OpenAI quickly launched a global payments system for multiple product lines. Key aspects of this partnership include:
- Stripe Billing and Stripe Checkout supporting ChatGPT Plus, OpenAI’s premium subscription offering.
- DALL·E users enjoying a flexible, pay-as-you-go option to purchase DALL·E credits through Stripe Billing.
- OpenAI joining Stripe’s Link network, enabling users to pay faster by autofilling saved payment details.
- Stripe Tax assisting OpenAI with tax compliance obligations as it expands into global markets.
- Revenue Recognition helping OpenAI manage its finances, disputes, and refunds at scale.
Stripe has a history of using AI to improve its products and user experiences. Previously, it worked with Microsoft’s Azure OpenAI team to implement GPT-3 for Stripe Support. Now, with GPT-4, Stripe aims to streamline operations and provide users with quicker access to information.
One notable example of GPT-4 integration is GPT-powered Stripe Docs. This feature enables developers to pose natural language queries to GPT-4, receiving summarized or specific information from the documentation. This innovation allows developers to save time and concentrate on building.
Eugene Mann, Product Lead for Applied Machine Learning at Stripe, compared GPT-4’s potential to that of email, smartphones, and videoconferencing, stating that it could “fundamentally rewire—and improve—how businesses run.” By integrating GPT-4, Stripe aims to provide its users with advanced tools for building and growing online.
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