Preheat the oven to 375°F. Grease a 14-inch round cake or pizza pan with unsalted butter. (See Kelly’s Notes.)
In the bowl of a stand mixer fitted with the paddle attachment, cream together the butter, granulated sugar and brown sugar until light and fluffy, about 2 minutes.
Add the eggs one a time, beating between each addition, then beat in the vanilla extract.
Add the flour, baking soda, baking powder and salt and beat just until combined, then beat in the chocolate chips.
Spread the cookie dough into the greased pan in an even layer.
Bake the cookie cake until it is pale golden and set in the center, 20 to 25 minutes. (For a softer cookie cake, underbake it.)
Remove the cookie cake from the oven and let it cool completely. Once it has cooled, decorate it with frosting and sprinkles then slice and serve.