A trailblazing new partnership will convey AI energy to bestselling toys.
Mattel introduced on Thursday that it had signed a cope with OpenAI to convey ChatGPT to its “iconic” toys. The toymaker is the corporate behind well-liked objects, together with Barbie, Scorching Wheels, UNO, and extra.
“We’re happy to work with Mattel because it strikes to introduce considerate AI-powered experiences and merchandise into its iconic manufacturers, whereas additionally offering its workers the advantages of ChatGPT,” OpenAI Chief Working Officer Brad Lightcap mentioned in a press launch.
Barbie dolls. Photograph by Tom Starkweather/Bloomberg by way of Getty Pictures
In response to TechCrunch, the deal is the first-of-its-kind for OpenAI, which has signed offers with firms like Reddit and Google however by no means with a toymaker. Mattel had not but signed any offers with any AI firms. The transfer will even see Mattel incorporate ChatGPT Enterprise into its enterprise operations, so employees can use the chatbot on the job to assist design new merchandise.
Associated: ‘Our Mission Stays the Similar’: OpenAI Reverses Course, Says Its Nonprofit Will Stay in Management of the Enterprise
The partnership is in its early stage, with its first product anticipated to be introduced later this 12 months. Lightcap and Mattel’s Chief Franchise Officer Josh Silverman instructed Bloomberg that Mattel may use AI to create digital assistants based mostly on characters like Polly Pocket or to boost video games like UNO.
“It is actually throughout the spectrum of bodily merchandise and a few experiences,” Silverman instructed the outlet, whereas additionally noting that Mattel is not licensing its mental property to OpenAI, and it retains full possession of the merchandise being created.
Mattel is pushing into digital gaming and intends to launch its first self-published recreation subsequent 12 months.
Associated: OpenAI CEO Sam Altman Says AI Brokers Are Like a Staff of ‘Junior Staff’
In the meantime, OpenAI is planning a broader push into bodily merchandise.
Final month, the ChatGPT-maker introduced its greatest deal but with its plans to accumulate io, a startup created by former Apple designer Jony Ive, for $6.4 billion. The deal brings Ive and his 55-person group over to OpenAI to work on {hardware} embedded with ChatGPT, which may embody headphones and gadgets with cameras, in keeping with a Wall Road Journal report.
OpenAI is value $300 billion after a document fundraising spherical in April. Mattel had a market cap of $6.23 billion on the time of writing.
A trailblazing new partnership will convey AI energy to bestselling toys.
Mattel introduced on Thursday that it had signed a cope with OpenAI to convey ChatGPT to its “iconic” toys. The toymaker is the corporate behind well-liked objects, together with Barbie, Scorching Wheels, UNO, and extra.
“We’re happy to work with Mattel because it strikes to introduce considerate AI-powered experiences and merchandise into its iconic manufacturers, whereas additionally offering its workers the advantages of ChatGPT,” OpenAI Chief Working Officer Brad Lightcap mentioned in a press launch.
The remainder of this text is locked.
Be part of Entrepreneur+ in the present day for entry.
