{"id":141348,"date":"2025-11-18T14:59:11","date_gmt":"2025-11-18T14:59:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/141348\/"},"modified":"2025-11-18T14:59:11","modified_gmt":"2025-11-18T14:59:11","slug":"intuit-strikes-100-million-deal-to-integrate-openai-models-into-financial-tools","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/141348\/","title":{"rendered":"Intuit strikes $100 million deal to integrate OpenAI models into financial tools"},"content":{"rendered":"\n<p class=\"yf-1090901\">(Reuters) -Intuit said on Tuesday it has signed a multi-year deal worth more \u200bthan $100 million with <a href=\"https:\/\/www.yahoo.com\/organizations\/openai\/\" data-ylk=\"slk:OpenAI;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">OpenAI<\/a> to use the \u200cChatGPT maker&#8217;s <a href=\"https:\/\/tech.yahoo.com\/ai\/\" data-ylk=\"slk:artificial intelligence;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">artificial intelligence<\/a> models to power AI agents across its apps \u200csuch as tax-preparation software TurboTax.<\/p>\n<p class=\"yf-1090901\">Shares of the Mountain View, California-based company rose 3.4% in premarket trading following the announcement.<\/p>\n<p class=\"yf-1090901\">The company said its tools such as personal \u2060finance portal Credit Karma \u200cand accounting software QuickBooks will be directly accessible through ChatGPT, enabling users to get instant \u200dfinancial decisions such as estimating tax refunds, personal loans or mortgage, all within the chatbot experience.<\/p>\n<p class=\"yf-1090901\">Intuit CEO Sasan Goodarzi said the \u200bpartnership combines the company&#8217;s &#8220;proprietary financial data,\u200c credit models and AI platform capabilities with OpenAI&#8217;s scale and frontier models to give users the financial advantage they need to prosper&#8221;.<\/p>\n<p class=\"yf-1090901\">The company had raised the prices of its QuickBooks online and payroll subscription services in July \u2060following the launch of AI agents,\u200b systems capable of taking actions \u200bon behalf of users.<\/p>\n<p class=\"yf-1090901\">Intuit expects the partnership to deepen engagement with its roughly 100 million customers and \u200dattract new users \u2060to its AI-powered tax and financial applications.<\/p>\n<p class=\"yf-1090901\">The company had forecast first-quarter revenue growth below analysts&#8217; \u2060estimate in August, hit by sluggish performance at its marketing platform \u200cMailchimp.<\/p>\n<p class=\"yf-1090901\">(Reporting by Harshita Mary Varghese in Bengaluru;\u200c Editing by Shilpi Majumdar)<\/p>\n","protected":false},"excerpt":{"rendered":"(Reuters) -Intuit said on Tuesday it has signed a multi-year deal worth more \u200bthan $100 million with OpenAI&hellip;\n","protected":false},"author":2,"featured_media":141349,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,363,364,95855,25565,95854,111,139,69,620,145],"class_list":{"0":"post-141348","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-credit-models","12":"tag-financial-decisions","13":"tag-intuit","14":"tag-new-zealand","15":"tag-newzealand","16":"tag-nz","17":"tag-openai","18":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/141348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=141348"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/141348\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/141349"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=141348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=141348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=141348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}