Preheat your oven to 350 degrees.

In a large bowl, mix together the flour, baking soda, baking powder, and salt.

In a large stand mixer, cream together the butter and sugars until light and fluffy, about three minutes. Then beat in the peanut butter until combined, scrapping down the sides as needed. Beat in the eggs one at a time, and then beat in the vanilla.

With the mixer on low, slowly add the flour until just combined.

Scrape down the sides of the mixer and then using a spatula gently fold in the chocolate chips.

Spray a 9 inch spring form pan with cooking spray. Add the batter to the pan.

Bake on the middle rack for 19 to 24 minutes or until the edges of the cake begin to turn golden brown. (The center will still have a slight wiggle to it.)

Allow the cake to cool in the pan for twenty minutes. Gently run a knife between the cake and the edge of the pan, then remove the side of the pan. Cool completely before cutting and serving.