VP Vance on artificial intelligence

WATCH: Vice President JD Vance Delivers Remarks at the American Dynamism Summit.

Shares of the San Jose, California-based company climbed in Tuesday morning trading after the company announced that it is going to adopt the Agentic Commerce Protocol (ACP) to expand payments and commerce in ChatGPT, allowing ChatGPT users to be able to check out instantly using PayPal.

PayPal said it will also support payments processing for merchants leveraging OpenAI Instant Checkout. PayPal will also connect its global merchant network to OpenAI, which it says will create a platform for tens of millions of small businesses and the largest brands in the world to sell within ChatGPT.

Through this integration, shoppers will be able to pay for things with their ba

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