• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

10 Creative Ways to Save for a Big Goal (Like a Vacation!)

June 30, 2025

Your Diversity Statement Isn’t Enough — Here’s What You Need to Do as a Leader to Drive Real Change

June 29, 2025

Access to 1,000+ Skill Courses Is Now Just $20

June 29, 2025
Facebook Twitter Instagram
Trending
  • 10 Creative Ways to Save for a Big Goal (Like a Vacation!)
  • Your Diversity Statement Isn’t Enough — Here’s What You Need to Do as a Leader to Drive Real Change
  • Access to 1,000+ Skill Courses Is Now Just $20
  • Try This AI-Powered Stock Picker
  • You Don’t Need A Retirement Coach—Or Do You?
  • 15 States With the Highest Bacterial Contamination in Retail Meat
  • 25 High-Paying Remote Jobs With Salaries of $100,000 (or Higher)
  • A Business Owner’s Guide to Maximizing Summer Profits
Monday, June 30
Facebook Twitter Instagram
FintechoPro
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
FintechoPro
Home » Mattel, OpenAI Sign Deal to Bring ChatGPT to ‘Iconic’ Toys
Make Money

Mattel, OpenAI Sign Deal to Bring ChatGPT to ‘Iconic’ Toys

News RoomBy News RoomJune 12, 20250 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

A trailblazing new partnership will bring AI power to bestselling toys.

Mattel announced on Thursday that it had signed a deal with OpenAI to bring ChatGPT to its “iconic” toys. The toymaker is the company behind popular items, including Barbie, Hot Wheels, UNO, and more.

“We’re pleased to work with Mattel as it moves to introduce thoughtful AI-powered experiences and products into its iconic brands, while also providing its employees the benefits of ChatGPT,” OpenAI Chief Operating Officer Brad Lightcap said in a press release.

Barbie dolls. Photo by Tom Starkweather/Bloomberg via Getty Images

According to TechCrunch, the deal is the first-of-its-kind for OpenAI, which has signed deals with companies like Reddit and Google but never with a toymaker. Mattel had not yet signed any deals with any AI companies. The move will also see Mattel incorporate ChatGPT Enterprise into its business operations, so staff can use the chatbot on the job to help design new products.

Related: ‘Our Mission Remains the Same’: OpenAI Reverses Course, Says Its Nonprofit Will Remain in Control of the Business

The partnership is in its early stage, with its first product expected to be announced later this year. Lightcap and Mattel’s Chief Franchise Officer Josh Silverman told Bloomberg that Mattel could use AI to create digital assistants based on characters like Polly Pocket or to enhance games like UNO.

“It’s really across the spectrum of physical products and some experiences,” Silverman told the outlet, while also noting that Mattel isn’t licensing its intellectual property to OpenAI, and it retains full ownership of the products being created.

Mattel is pushing into digital gaming and intends to launch its first self-published game next year.

Related: OpenAI CEO Sam Altman Says AI Agents Are Like a Team of ‘Junior Employees’

Meanwhile, OpenAI is planning a broader push into physical products.

Last month, the ChatGPT-maker announced its biggest deal yet with its plans to acquire io, a startup created by former Apple designer Jony Ive, for $6.4 billion. The deal brings Ive and his 55-person team over to OpenAI to work on hardware embedded with ChatGPT, which could include headphones and devices with cameras, according to a Wall Street Journal report.

OpenAI is worth $300 billion after a record fundraising round in April. Mattel had a market cap of $6.23 billion at the time of writing.

A trailblazing new partnership will bring AI power to bestselling toys.

Mattel announced on Thursday that it had signed a deal with OpenAI to bring ChatGPT to its “iconic” toys. The toymaker is the company behind popular items, including Barbie, Hot Wheels, UNO, and more.

“We’re pleased to work with Mattel as it moves to introduce thoughtful AI-powered experiences and products into its iconic brands, while also providing its employees the benefits of ChatGPT,” OpenAI Chief Operating Officer Brad Lightcap said in a press release.

The rest of this article is locked.

Join Entrepreneur+ today for access.

Read the full article here

Featured
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

10 Creative Ways to Save for a Big Goal (Like a Vacation!)

Savings June 30, 2025

Your Diversity Statement Isn’t Enough — Here’s What You Need to Do as a Leader to Drive Real Change

Make Money June 29, 2025

Access to 1,000+ Skill Courses Is Now Just $20

Investing June 29, 2025

Try This AI-Powered Stock Picker

Make Money June 29, 2025

15 States With the Highest Bacterial Contamination in Retail Meat

Burrow June 29, 2025

25 High-Paying Remote Jobs With Salaries of $100,000 (or Higher)

Make Money June 29, 2025
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

Your Diversity Statement Isn’t Enough — Here’s What You Need to Do as a Leader to Drive Real Change

June 29, 20250 Views

Access to 1,000+ Skill Courses Is Now Just $20

June 29, 20250 Views

Try This AI-Powered Stock Picker

June 29, 20250 Views

You Don’t Need A Retirement Coach—Or Do You?

June 29, 20250 Views
Don't Miss

15 States With the Highest Bacterial Contamination in Retail Meat

By News RoomJune 29, 2025

Niloo / Shutterstock.comMost Americans take for granted that the food they purchase at the grocery…

25 High-Paying Remote Jobs With Salaries of $100,000 (or Higher)

June 29, 2025

A Business Owner’s Guide to Maximizing Summer Profits

June 28, 2025

17 Surprising Ways 7-Figure Solopreneurs Are Using AI — And You’re Not

June 28, 2025
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2025 FintechoPro. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.