Walmart on Path to Trillion Dollar Status After OpenAI Pact

Walmart Inc. is on track to join the “elite” crop of companies with a trillion-dollar valuation after its announced partnership with OpenAI powered the stock to a record high, according to Mizuho analyst David Bellinger.

The alliance with the Sam Altman-led company was unveiled on Tuesday and will allow Walmart shoppers to browse and purchase products directly on ChatGPT by clicking a “buy” button. While the offering won’t include fresh foods, customers will be able to purchase items like packaged foods, apparel and more from both Walmart and its Sam’s Club chain.