Close Menu
Business Tribune

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Israel-Iran conflict: Should stock market investors be worried after Sensex, Nifty 50 crash? EXPLAINED

    June 13, 2025

    Woman CEO denied entry to London tech event for bringing baby daughter LinkedIn post sparks outrage

    June 13, 2025

    Making blended finance work in Africa

    June 13, 2025
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    Business Tribune
    Subscribe
    • Home
    • Business
    • CEO
    • Entrepreneur
    • Investors
    • Startups
    Business Tribune
    Home»Entrepreneur»Mattel, OpenAI Sign Deal to Bring ChatGPT to ‘Iconic’ Toys
    Entrepreneur

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

    GauravBy GauravJune 13, 2025003 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email Telegram WhatsApp
    Follow Us
    Google News Flipboard
    Mattel, OpenAI Sign Deal to Bring ChatGPT to ‘Iconic’ Toys
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link

    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.

    Follow on Google News Follow on Flipboard
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link
    Gaurav
    • Website

    Related Posts

    PhonePe Sells 5% Stake in MapmyIndia for INR 486 Crore

    June 13, 2025

    Google, Spotify Down in a Massive Outage Affecting Thousands

    June 12, 2025

    AI Neobanking Meets Kirana | Entrepreneur

    June 12, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Don't Miss

    Israel-Iran conflict: Should stock market investors be worried after Sensex, Nifty 50 crash? EXPLAINED

    GauravJune 13, 2025

    Israel-Iran conflict: Indian benchmark equity indices tumbled in early trading on Friday, tracking steep declines…

    Woman CEO denied entry to London tech event for bringing baby daughter LinkedIn post sparks outrage

    June 13, 2025

    Making blended finance work in Africa

    June 13, 2025

    Aircraft startup JetZero to invest $4.7 billion over a decade in North Carolina HQ, ET Infra

    June 13, 2025
    Our Picks

    Israel-Iran conflict: Should stock market investors be worried after Sensex, Nifty 50 crash? EXPLAINED

    June 13, 2025

    Woman CEO denied entry to London tech event for bringing baby daughter LinkedIn post sparks outrage

    June 13, 2025

    Making blended finance work in Africa

    June 13, 2025

    Aircraft startup JetZero to invest $4.7 billion over a decade in North Carolina HQ, ET Infra

    June 13, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    About Us

    Welcome to Startups Week, your go-to hub for everything related to startups, entrepreneurship, business growth, investment trends, and industry insights. Our mission is to empower entrepreneurs, investors, and business leaders with valuable information, strategies, and news that shape the startup ecosystem.

    Our Picks

    Israel-Iran conflict: Should stock market investors be worried after Sensex, Nifty 50 crash? EXPLAINED

    June 13, 2025

    Woman CEO denied entry to London tech event for bringing baby daughter LinkedIn post sparks outrage

    June 13, 2025
    Trending

    How Crime-As-A-Service Turned Hacking Into A Subscription Business

    June 13, 2025

    How The Centrum Hotel Lucknow Became a New Luxury Landmark in India 2025

    June 13, 2025
    Facebook X (Twitter) Instagram Pinterest
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms and Conditions
    • Disclaimer
    © 2025 ThemeSphere. Designed by ThemeSphere.

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