{"id":299201,"date":"2025-11-18T14:00:09","date_gmt":"2025-11-18T14:00:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/299201\/"},"modified":"2025-11-18T14:00:09","modified_gmt":"2025-11-18T14:00:09","slug":"openai-strikes-deal-with-intuit-to-plug-personal-financial-data-into-chatgpt","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/299201\/","title":{"rendered":"OpenAI strikes deal with Intuit to plug personal financial data into ChatGPT"},"content":{"rendered":"

Unlock the Editor\u2019s Digest for free<\/p>\n

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.<\/p>\n

OpenAI has reached a deal with tax and accounting\u00a0software company\u00a0Intuit to feed personal financial data into ChatGPT, as the start-up seeks to expand the uses of artificial intelligence and its sources of income.<\/p>\n

Intuit\u2019s apps, which include TurboTax and Credit Karma, will be available in OpenAI\u2019s ChatGPT chatbot under the terms of the $100mn multiyear deal, opening up data from Intuit\u2019s roughly 100mn users to the AI start-up. <\/p>\n

The software company, which also owns QuickBooks and Mailchimp, would pay OpenAI<\/a> for use of the start-up\u2019s technology to power AI \u201cagents\u201d that can handle complex queries, forecast cash flow or draft tax filings, the groups said on Tuesday. <\/p>\n

The companies did not specify over what period Intuit\u2019s contract would extend. Users would opt in to use the apps and Intuit would control what customer data was shared with ChatGPT, according to a person close to the company. Intuit said it was committed to protecting customer data and privacy across its products.<\/p>\n

Fidji Simo, who runs OpenAI\u2019s applications business, said the deal would \u201chelp everyone make smarter financial decisions and build more secure futures\u201d. <\/p>\n

Sasan Goodarzi, chief executive of Intuit<\/a>, said the deal would \u201cunlock growth\u201d for both groups by coupling proprietary financial data and credit models from his company with OpenAI\u2019s technology. <\/p>\n

Since the release of ChatGPT in late 2022, OpenAI has largely focused on building products for individual users, and the chatbot remains more widely used than rivals such as Anthropic\u2019s Claude and xAI\u2019s Grok. <\/p>\n

But OpenAI is increasingly pitching for business partnerships as it aims to boost revenue. OpenAI has struck similar deals with Expedia, Figma, Zillow, Spotify and others.<\/p>\n

Sam Altman, the start-up\u2019s chief executive, recently said on a podcast that OpenAI expected \u201cto end this year above $20bn in annualised revenue run rate and grow to hundreds of billions by 2030\u201d. <\/p>\n

The company, which is heavily lossmaking, has committed to spend $1.4tn on computing power over the next eight years. <\/p>\n

OpenAI is also expanding into multiple new product lines, including plans for a new AI-powered personal assistant device with former Apple star designer Jony Ive, and is working more closely with businesses and government customers. <\/p>\n","protected":false},"excerpt":{"rendered":"Unlock the Editor\u2019s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this…\n","protected":false},"author":2,"featured_media":299202,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[182,181,507,74],"class_list":{"0":"post-299201","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-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/299201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=299201"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/299201\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/299202"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=299201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=299201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=299201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}