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Intuit CFO talks $100 million OpenAI deal, innovation, and the road ahead [Fortune]
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The fintech company—maker of TurboTax, Credit Karma, and QuickBooks—this week announced a new multiyear contract, worth over $100 million, with OpenAI. The partnership brings Intuit's platform capabilities directly into ChatGPT. “Hundreds of millions of people are engaging with large language models every week,” Sandeep Aujla, EVP and CFO at Intuit ( No. 258 on the Fortune 500), told me. The collaboration allows Intuit to meet customers where they are, Aujla said. By building experiences inside OpenAI's platform, Intuit aims to help people receive more insightful, personalized, and actionable financial advice—right in the moment and context they need it. Take TurboTax, for example. Through the new integration, customers can ask ChatGPT tax-related questions, such as how to access their refund early to cover a major expense. They'll receive responses tailored to their financial situation. “With the depth of our data, we can connect users to the right solutions, whether it's filing e
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- Sirius XM (NASDAQ:SIRI) had its "neutral" rating reaffirmed by analysts at Rosenblatt Securities. They now have a $23.00 price target on the stock.[MarketBeat]
- Fortune 500 Power Moves: Which executives gained and lost power this week [Fortune][Fortune]
- Sirius XM (NASDAQ:SIRI) had its "hold (c-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.[MarketBeat]
- SiriusXM Appoints Zac Coughlin as Chief Financial Officer[PR Newswire]
- Sirius XM (NASDAQ:SIRI) had its "hold (c-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.[MarketBeat]
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