Overview

• OpenAI introduced DocuGPT, an AI agent that converts contracts into structured, searchable data and automates review and triage.
• DocuSign shares fell 12.24% on Tuesday to $72.09 and were down about 16% for the week by midday Thursday, according to data cited by Yahoo Finance.
• OpenAI says finance teams use DocuGPT for faster and more consistent contract reviews at scale.
• Coverage frames the launch as direct competition to DocuSign’s e-signature and Intelligent Agreement Management offerings, with the business impact still uncertain.
• DocuSign’s backers point to its reach with 95% of the Fortune 500 and 1.7 million customers, indicating that any shift will hinge on enterprise adoption and vendor responses.