Intuit strikes $100 million deal to integrate OpenAI models into financial tools

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.

Shares of the Mountain View, California-based company rose 3.4% in premarket trading following the announcement.

The company said its tools such as personal finance portal Credit Karma and accounting software QuickBooks will be directly accessible through ChatGPT, enabling users to get instant financial decisions such as…