Intuit to pay OpenAI over $100 million a year for model access, ChatGPT integrates with TurboTax

Core Insights - Intuit has agreed to pay OpenAI over $100 million to utilize its large language models to enhance financial products [1] - The partnership aims to integrate OpenAI's ChatGPT with Intuit's services, allowing users to perform tax and financial actions securely [2] - The collaboration will enable users to authorize Intuit to access relevant data for personalized results, such as tax refund estimates and QuickBooks insights [3] - This deal provides OpenAI with a significant finance partner and a new revenue stream, supporting its strategy to expand ChatGPT's applications across various industries [4] - OpenAI has established similar partnerships with companies like PayPal, Shopify, and Walmart, focusing on integrating financial capabilities into ChatGPT while ensuring user privacy [5]