Gate News message, April 17 — Shinsegae Group has suspended its collaboration with OpenAI just 11 days after announcing a strategic partnership on April 6, pivoting instead to an expanded partnership with U.S. AI company Reflection AI. The South Korean retail conglomerate announced on April 17 that it will accelerate projects applying AI across retail operations including product sourcing, inventory management, and customer management, following a memorandum of understanding signed with Reflection AI in March for building and jointly operating an AI data center.
The group cited “selective focus” as the reason for ending the OpenAI collaboration. The original plan involved separate infrastructure cooperation with Reflection AI and software cooperation with OpenAI; the company has now decided to consolidate these efforts under a single partner to prioritize AI-driven retail innovation and accelerate execution speed. Market analysts suggest the decision also reflects concerns about the limited differentiation of ChatGPT-based shopping functionality and the effectiveness of the AI commerce model, as embedding apps within ChatGPT mirrors existing service capabilities already offered by many companies.
The shift aligns with challenges facing AI commerce globally. Walmart, which partnered with OpenAI to test shopping features within ChatGPT, discontinued the service in March due to low conversion rates. According to Wired, direct purchases within ChatGPT achieved only about one-third the conversion rate of customers directed to Walmart’s website. Additionally, concerns arose over inaccurate or outdated information regarding inventory status, shipping timelines, and delivery costs, with research firm Forrester noting that OpenAI faces difficulty obtaining sufficient product data exposure from retail partners’ websites.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
NVIDIA announces the world’s first “Ising model” built for quantum AI
NVIDIA has released the open-source model “NVIDIA Ising,” designed specifically for quantum artificial intelligence, addressing the calibration and error-correction challenges of quantum processors. Using visual language technology, it reduces calibration time to a matter of hours and improves the speed and accuracy of error-correction decoding. The model has been integrated with multiple research institutions and is available for download, advancing the adoption of quantum computing in the market.
ChainNewsAbmedia12m ago
AI vending agent ‘Valerie’ runs San Francisco vending machine with OpenClaw
AI agent 'Valerie' now runs a San Francisco vending machine on OpenClaw, testing how far people will trust code with pricing, marketing and real‑world cash.
Summary
AI agent "Valerie" runs a physical vending machine in San Francisco using the OpenClaw framework, setting prices, naming
Cryptonews1h ago
DeepSeek Raises Funds at Over $10 Billion Valuation in First External Financing Round
Gate News message, April 17 — According to The Information, AI company DeepSeek is conducting its first external financing round since inception, with a target valuation exceeding $10 billion.
GateNews1h ago
Earth VC Backs Quantum AI Startup Sygaldry in $139M Funding Round
Earth Venture Capital invested in Sygaldry Technologies, a quantum AI startup, contributing to a total funding of $139 million. Sygaldry develops hybrid servers for efficient AI workloads, co-founded by Chad Rigetti, previously of Rigetti Computing.
GateNews2h ago
China to Strengthen Legislative Framework for AI, Digital Economy, and Blockchain
China plans to enhance its network legal system to address the needs of internet development, focusing on legislation for AI, digital economy, and other tech sectors. By December 2025, over 180 laws are expected, though current regulations still lag behind public expectations.
GateNews3h ago
Intchains Group Discloses 8,040 ETH Staked, Accelerates AI-Powered Operations Transformation
Intchains Group reported a cumulative staking of 8,040 ETH, with a strategy that includes the FalconX platform and its own Goldshell Stake. The company is also enhancing operations through AI automation to boost efficiency and decision-making.
GateNews4h ago
