OpenAI deepens India push with Pine Labs fintech partnership

As India pitches itself as a global hub for applied artificial intelligence, OpenAI has partnered with Pine Labs to integrate AI-driven reasoning into the fintech firm’s payments stack, automating settlement and invoicing workflows in a move the companies say could help accelerate AI-led commerce in India.

The partnership will see Pine Labs embed OpenAI’s application programming interfaces — software tools that let companies plug AI into their existing systems — within its payments and commerce infrastructure, the companies said on Thursday, all with the aim of enabling AI-assisted settlement, reconciliation, and invoicing workflows.