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Intuit to pay OpenAI over $100 million for model access, ChatGPT integrates with TurboTax
CNBC Television· 2025-11-18 23:30
So, OpenAI and into it are looking to turn ChateBT into a full-fledged tax and finance advisor, a striking pivot for a software company that's choosing to partner with the disruptor before it risks getting disrupted itself. So, INT just signed a multi-year $100 million plus deal to run its products on OpenAI's newest models and bring in it powered tools directly into chat GBT. The contract deepens into its use of OpenAI's tech, but it's the in chat GBT integration that's the real shift here because for the ...
TurboTax gets an AI upgrade as Intuit inks major deal with OpenAI
Yahoo Finance· 2025-11-18 19:30
AI can do your taxes now—sort of. Most Read from Fast Company The tax software giant Intuit just struck a new deal with OpenAI that will weave AI deeply into its portfolio of financial apps, including the ones many Americans use to file their taxes. In the multiyear deal, Intuit will pay ChatGPT maker OpenAI more than $100 million annually to implement its artificial intelligence models across products like TurboTax, personal finance manager Credit Karma, email marketing platform Mailchimp, and the accou ...
Intuit to pay OpenAI over $100 million for model access, ChatGPT integrates with TurboTax
CNBC· 2025-11-18 19:03
Core Insights - Intuit has entered into a multiyear agreement with OpenAI, committing over $100 million to utilize OpenAI's large language models to enhance its financial products [1] - Intuit's stock rose by 3% following the announcement of the partnership [1] Group 1: Partnership Details - The collaboration will integrate OpenAI's ChatGPT with Intuit's services, allowing TurboTax users to securely link their accounts and receive guidance on tax and financial actions [2] - Users will have the ability to authorize Intuit to access relevant data, providing personalized results such as tax refund estimates and QuickBooks insights based on real-time business activities [3] Group 2: Strategic Implications - For OpenAI, this partnership represents a significant addition to its finance sector collaborations, contributing to its revenue and supporting its strategy to expand ChatGPT's application across various industries [4] - OpenAI has previously formed similar partnerships with companies like PayPal, Shopify, and Walmart, focusing on integrating financial functionalities into ChatGPT [5]
OpenAI and Intuit Aim to Turn ChatGPT Into Financial Guru
PYMNTS.com· 2025-11-18 17:05
TurboTax maker Intuit has launched a partnership with artificial intelligence (AI) startup OpenAI.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The collaboration, announced Tuesday (Nov. 18), will let users of Op ...
Intuit and OpenAI ink $100M multi-year partnership to expand financial AI capabilities
Proactiveinvestors NA· 2025-11-18 15:46
Core Insights - Proactive provides fast, accessible, and actionable business and finance news content to a global investment audience [2] - The company focuses on medium and small-cap markets while also covering blue-chip companies and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, mining, oil and gas, and emerging technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
Intuit: High-Growth, High-Margin, And Undervalued If Execution Holds Steady (NASDAQ:INTU)
Seeking Alpha· 2025-11-18 15:29
Dear Reader,I am a Senior Derivatives Expert with over 10 years of experience in the field of Asset Management, specializing in equity analysis and research, macroeconomics, and risk-managed portfolio construction. My professional background covers both institutional and private client asset management, where I have advised on and implemented multi-asset strategies, but highly focusing on equities and derivatives.As you might be as well, I am a stock market enthusiast. My core passion lies in understanding ...
X @Forbes
Forbes· 2025-11-18 15:15
Intuit Will Pay OpenAI $100 Million In Deal Combining TurboTax And ChatGPThttps://t.co/rrp90dACmK https://t.co/dKxN43auWx ...
美股异动 | 宣布与OpenAI达成合作 财捷(INTU.US)逆市涨超1%
智通财经网· 2025-11-18 14:50
智通财经APP获悉,拥有TurboTax、Credit Karma、QuickBooks和Mailchimp等产品的财捷(INTU.US)周 二宣布与OpenAI达成合作,将财捷的应用程序引入ChatGPT平台,并在财捷的平台上应用更多人工智能 技术。截至发稿,财捷逆市涨超1%,报652.78美元。 两家公司表示:"借助财捷独特的功能,用户能够了解自身的财务数据和行为,并通过ChatGPT中的财 捷应用程序获得更具洞察力、更具体、更具实用性的反馈。" 财捷首席执行官Sasan Goodarzi表示:"我们的合作将财捷专有的财务数据、信用模型和人工智能平台功 能与OpenAI的规模和前沿模型相结合,为用户提供实现财务成功所需的优势。" 例如,消费者可以使用嵌入ChatGPT的应用程序,根据自身的消费模式和审批概率,找到最符合自身需 求的信用卡、个人贷款或抵押贷款。其他用途包括获取个性化的税务问题解答、估算退税金额,或预约 与人工智能驱动的本地税务专家进行咨询。 根据一项价值超过1亿美元的多年期新合同,财捷将在其专有的生成式人工智能操作系统(GenOS)中更 深入地使用OpenAI的前沿模型,以加速其人工智能驱动 ...
宣布与OpenAI达成合作 财捷(INTU.US)逆市涨超1%
Zhi Tong Cai Jing· 2025-11-18 14:49
Core Insights - Intuit (INTU.US) announced a partnership with OpenAI to integrate its applications into the ChatGPT platform and enhance its AI capabilities [1][2] - The collaboration involves a multi-year contract worth over $100 million, allowing Intuit to utilize OpenAI's advanced models within its proprietary Generative AI Operating System (GenOS) [1] - ChatGPT users will have access to Intuit's applications for financial operations directly through the ChatGPT interface [1] Group 1 - Intuit's CEO, Sasan Goodarzi, emphasized that the partnership combines Intuit's financial data, credit models, and AI platform capabilities with OpenAI's scale and advanced models to provide users with tools for financial success [1] - Consumers can use the integrated applications to find credit cards, personal loans, or mortgages tailored to their spending patterns and approval probabilities [1] - Other functionalities include personalized tax inquiries, estimating tax refunds, and scheduling consultations with AI-driven local tax experts [1] Group 2 - The collaboration aims to provide users with deeper insights into their financial data and behaviors, offering more insightful, specific, and practical feedback through Intuit's applications within ChatGPT [2]
Intuit strikes $100 million deal to integrate OpenAI models into financial tools
Reuters· 2025-11-18 14:24
Intuit said on Tuesday it has signed a multi-year deal worth more than $100 million with OpenAI to use the ChatGPT maker's artificial intelligence models to power AI agents across its apps such as tax-preparation software TurboTax. ...