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been no shortage of deals among artificial intelligence (AI) companies recently, with chipmakers, AI software developers, and other types of tech companies announcing big partnerships.Well, PayPal (NASDAQ: PYPL) just joined the party. The online payments leader announced a deal with ChatGPT developer OpenAI to facilitate payments directly through the AI tool. But what could this mean to investors? Here's a rundown of the key points of the deal and what it could mean for the stock long-term.First, here are the key points of PayPal's deal with OpenAI. The main idea is that PayPal will become the first digital wallet to be embedded into ChatGPT, which will enable users to pay for items they find through the platform.We've seen several e-commerce companies announce deals to integrate their platforms with ChatGPT, including Etsy, Shopify, and Walmart. So, this deal will essentially let ChatGPT users who want to buy items use PayPal to complete the transaction without ever leaving ChatGPT.Not only will this deal allow customers to pay for purchases with PayPal, but it will enable PayPal's millions of merchants to sell their products through the leading AI tool.It's worth mentioning that fintech payment processor Stripe is also involved with OpenAI's Instant Checkout feature, specifically when it comes to allowing users to pay for Etsy purchases. But there are some big differences. Stripe is not a consumer-facing company -- it has no mobile app for consumers, and it cannot store funds on behalf of users. It's a payment tool, not a digital wallet. PayPal will be the first way to use stored funds to shop through ChatGPT.It remains to be seen exactly what AI-powered shopping will ultimately look like or how quickly it will catch on, and it will almost certainly be an industry that evolves rapidly. But the general idea is that ChatGPT (and potentially other AI tools) can effectively serve as personal shoppers, helping users find the right products to meet their needs.It's tough to overstate what a big win this deal is for PayPal. ChatGPT has more than 700 million weekly active users, several hundred million more than PayPal. 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