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The firm, which launched the latest version of its technology named GPT-4 this week, said Stripe will provide billing and checkout features for payments, as well as its automation and tax compliance technology. Stripe will take a small percentage of the transactions that go through its platforms.
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The partnership also means Stripe will integrate OpenAI’s new technology into its products and services, and is currently experimenting with 14 pieces of GPT infrastructure. It’s a fillip for Stripe, which cut its internal valuation by 11% to $63 billion in January amid a wider slump in the fintech industry.
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