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Perplexity partners with PayPal for in-chat shopping as AI race heats up

1. Perplexity partners with PayPal for chat-based shopping payments. 2. Users can book travel and buy products via chat interface. 3. AI-driven shopping decisions increased by 42% this year. 4. PayPal's technology enhances secure transactions and reduces friction. 5. Perplexity aims to finalize a $500 million funding round.

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FAQ

Why Bullish?

PayPal's expansion into chat commerce addresses a growing market, potentially increasing transaction volumes.

How important is it?

The article highlights a strategic partnership that can drive growth, especially in e-commerce.

Why Short Term?

The partnership is expected to rapidly influence PayPal's transaction growth and market presence.

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