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OpenAI on Monday announced Instant Checkout, a new feature that allows users to buy products through its artificial intelligence chatbot ChatGPT .
Instant Checkout initially supports single-item purchases directly from U.S. Etsy sellers, and it's available to U.S. ChatGPT Plus, Pro and Free users. OpenAI said more than one million Shopify merchants, including Skims and Glossier, are coming soon.
Shares of Etsy closed up nearly 16% on Monday. Shopify's stock closed up more than 6%.
OpenAI will take a fee from transactions that are completed through ChatGPT, which means Instant Checkout could become an important new revenue stream for the startup. OpenAI is not yet profitable , and is burning through cash as it works to