AI NewsAI Impact Summit: Pine Labs Announces Collaboration With OpenAI to Expand Agentic Commerce for Merchants in India

AI Impact Summit: Pine Labs Announces Collaboration With OpenAI to Expand Agentic Commerce for Merchants in India

4:17 PM IST · February 19, 2026

Pine Labs, the Indian digital payment gateway company, announced that it is collaborating with the Sam Altman-led OpenAI on Thursday. The company will embed OpenAI's APIs into its digital payments infrastructure to enable agentic commerce in the country. The new collaboration was announced on the sidelines of India's AI Impact Summit 2026, which was kicked off by the government on February 16, and is scheduled to conclude on February 21. This is set to be OpenAI's second collaboration with a digital payments company after the AI giant entered into a partnership with Razorpay.