OpenAI, Intuit strike strategic partnership

WALL STREET JOURNAL

OpenAI and Intuit agreed to a multiyear partnership in which the financial technology firm will deepen its use of OpenAI models and make applications available on the artificial intelligence company’s ChatGPT.

The companies said they expect the deal to generate more than $100 million in revenue for OpenAI over an unspecified number of years.

In an interview, Intuit Chief Executive Sasan Goodarzi and OpenAI CEO of Applications Fidji Simo described the partnership as an end-to-end agreement that will engage Intuit employees and customers.

It will expose Intuit products TurboxTax, QuickBooks, Credit Karma and Mailchimp to a broader range of potential users on ChatGPT, according to Goodarzi.

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