Firm accelerates growth on its generative AI working system to create game-changing consumer experiences, with velocity at scale, for customers and small companies
MOUNTAIN VIEW, Calif., June 29, 2023–(BUSINESS WIRE)–Intuit Inc. (Nasdaq: INTU), the worldwide monetary expertise platform that makes TurboTax, Credit score Karma, QuickBooks, and Mailchimp, in the present day introduced that it’s working with OpenAI to speed up generative AI (GenAI)-driven software growth on its proprietary Intuit generative AI working system (GenOS) in assist of the corporate’s mission to energy prosperity all over the world for greater than 100 million client and small enterprise prospects.
Intuit’s monetary massive language fashions (LLMs) are enriched with the corporate’s personal knowledge, which specialise in fixing tax, accounting, advertising, money move, and private finance challenges. These monetary LLMs intelligently decide the capabilities wanted from Intuit’s platform, wealthy knowledge, and data set to create extremely customized experiences to information client and small enterprise prospects with their monetary lives to assist them prosper. Now, mixed with OpenAI’s industry-leading GPT 3.5 and 4.0, Intuit GenOS is enabling Intuit builders to quickly construct safe, clever, customized GenAI-powered experiences throughout its portfolio of fintech merchandise, with velocity and at scale.
“Intuit is creating breakthrough product experiences on Intuit GenOS and we’re excited to be working with OpenAI utilizing their industry-leading massive language fashions to speed up our innovation,” stated Marianna Tessel, Chief Expertise Officer at Intuit. “We’re harnessing the facility of generative AI to energy prosperity for greater than 100 million prospects all over the world by remodeling the way in which individuals handle their funds with full confidence.”
“We’re excited to work with Intuit to deliver collectively the facility of the OpenAI LLMs with Intuit’s GenOS,” stated Brad Lightcap, COO at OpenAI. “Intuit understands the potential of generative AI expertise, and shares our dedication to advancing next-generation AI growth safely and responsibly.”
For greater than a decade, Intuit has been driving AI innovation, and its strong knowledge and AI capabilities are foundational to the corporate’s success as an {industry} chief within the monetary expertise sector. The corporate has 400,000 buyer and monetary attributes per small enterprise, in addition to 55,000 tax and monetary attributes per client, and connects with over 24,000 monetary establishments. With greater than 730 million AI-driven buyer interactions per 12 months, Intuit is producing 58 billion machine studying predictions per day.
Generative AI is remodeling the way in which people work together with computer systems. Intuit is uniquely positioned to guide the subsequent wave of transformation and disruption given the corporate’s wealthy knowledge platform, established AI basis, dedication to knowledge stewardship, and the introduction of our proprietary Intuit GenOS. Intuit is already seeing its AI-driven knowledgeable platform remodeling the {industry} and powering prosperity.
About Intuit
Intuit is the worldwide monetary expertise platform that powers prosperity for the individuals and communities we serve. With greater than 100 million prospects worldwide utilizing TurboTax, Credit score Karma, QuickBooks, and Mailchimp, we consider that everybody ought to have the chance to prosper. We by no means cease working to seek out new, revolutionary methods to make that potential. Please go to us at Intuit.com and discover us on social for the newest details about Intuit and our services. © 2023 Intuit Inc. All rights reserved. Intuit, QuickBooks, TurboTax, Mailchimp and Credit score Karma are registered emblems of Intuit Inc. within the U.S. and different nations. GenOS is a trademark of Intuit Inc. within the U.S. and different nations.
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Contacts
Lisa Washington, [email protected]