00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Perplexity will launch a free AI shopping feature for U.S. users next week,
00:06allowing people to buy items directly from search results through PayPal, according to TipRanks.
00:11The tool expands on last year's paid Buy with Pro option
00:14and will use past searches to serve as personalized shopping results.
00:17PayPal merchants will now handle purchases, customer service, and returns.
00:21Perplexity has not said whether it will earn revenue from transactions.
00:24Perplexity has not said whether it will earn revenue from transactions.
00:25Perplexity comes as OpenAI introduces its own instant checkout tool for ChatGPT
00:29and expands its PayPal partnership.
00:31Analysts have a moderate Buy rating on PayPal with an average price target of $82.86 per share.
00:37For all things money, visit Benzinga.com.
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