Walmart on Path to Trillion Dollar Status After OpenAI Pact (1)

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.

Walmart shares jumped 5% on the ...