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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};ge("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat($n)),notifLabel:document.querySelector(".".concat(Xn))};t.notifDropdown&&so(e,t)}))}()}};]]>Brody FordUpdated Tue, November 18, 2025 at 2:55 PM GMT+1 1 min read(Bloomberg) — Intuit Inc. (INTU) will spend more than $100 million on a multiyear contract with OpenAI (OPAI.PVT) to further weave the ChatGPT maker’s artificial intelligence models into financial apps like TurboTax.In addition to the new spending commitment, Intuit will offer applications inside ChatGPT that let users access and interact with financial data stored within Intuit’s platform. The companies announced the expanded partnership Tuesday.Most Read from BloombergWhat It Takes to Defeat the Leaf BlowersBots, Billionaires Behind Gen Z March in Mexico, Sheinbaum SaysSenator Calls for Evacuation of ICE Site After Contract LapseChicago’s ‘Job Killer’ Corporate Tax Plan Rejected by CommitteeEmergency Alerts Company Sued Over 18 Deaths in LA FireThe deal will combine “the power of Intuit’s proprietary financial data, credit models, and AI platform capabilities with OpenAI’s scale and frontier models to give users the financial advantage they need to prosper,” said Intuit Chief Executive Officer Sasan Goodarzi in a statement.Intuit shares were up about 3% in early trading Tuesday before markets opened in New York.Like many application makers, Intuit has focused on integrating generative AI into its apps to make them more valuable and indispensable to users. QuickBooks users, for example, can tap into AI to automatically process invoices, the company has said.For OpenAI, the Intuit tie-up is part of a push to convince consumers and businesses to lean on its AI services for more valuable work, including financial-related queries. In the process, OpenAI hopes to offset the immense amount it’s spending to develop artificial intelligence.Earlier this month, OpenAI CEO Sam Altman said the company expects to hit $20 billion in annualized revenue run rate by the end of this year and “grow to hundreds of billion by 2030.” OpenAI has committed to spend $1.4 trillion on AI infrastructure in the coming years.—With assistance from Rachel Metz.(Updates with premarket trading in fourth paragraph.)Most Read from Bloomberg BusinessweekThe Fight to Save the $2.7 Billion Botox EmpireCutting Ties With China Is Harder Than Companies ExpectedWhy Build-A-Bear Has Been on an Nvidia-Like RunHow an $11 Billion Beauty Company Built a Suburban EmpireChina Enforced Strict Population Controls for Decades. 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