Intuit strikes $100 million partnership with OpenAI

We are starting to see the appification of ChatGPT.

Last month, OpenAI announced its refreshed vision for app integration within ChatGPT, announcing deals with Spotify, Zillow, and Figma to allow those companies’ customers to use the apps right within the chatbot.

Today, Intuit is joining the lineup, bringing its products into ChatGPT. TurboxTax, QuickBooks, Credit Karma, and Mailchimp will come to ChatGPT as part of a $100 million multiyear partnership between Intuit and OpenAI.

Intuit will expand the use of OpenAI’s tools internally, while still using its own proprietary models.

OpenAI, Intuit Strike Strategic Partnership

Today, Intuit is joining the lineup, bringing its products into ChatGPT. TurboxTax, QuickBooks, Credit Karma, and Mailchimp will come to ChatGPT as part of a $100 million multiyear partnership between Intuit and OpenAI.

Intuit will expand the use of OpenAI’s tools internally, while still using its own proprietary models.

More Tech

See all Tech

Tom Jones2h

The internet’s being weird again; this time it seems to be Cloudflare’s fault

Last month, we wrote that Amazon’s cloud service sneezed, and huge chunks of the internet came down with a pretty bad cold. While it’s not yet that bad, several major websites have been intermittently peaky this morning, and it looks like Cloudflare is the super-spreader.

Though much of America might have been asleep for some of the most frustrating periods of disruption this morning, thousands of users across the US and around the world have taken to Downdetector to report problems accessing some of the internet’s biggest platforms, including OpenAI, X, and popular battle arena game “League of Legends,” as Cloudflare has been acknowledging its issues and looking to fix them.

Cloudflare, an American IT behemoth that supplies tools to protect websites from cyberattacks and helps users connect and load content online, is down around 3% in early trading on Tuesday, as investors (at least those who can connect to their brokerages) react to the issues. Though the stock began to sink in premarket trading when the problems first came to light, the wider market mood is also likely weighing on Cloudflare, with the S&P 500 Index down more than 1% as of 10:08 a.m. ET.

Rani Molla3h

Analyst downgrades Microsoft and Amazon, saying GenAI economics are “far weaker than assumed”

Amazon and Microsoft are down about 2% premarket after an analyst downgrade and amid a broader AI sell-off, as investors continue to wonder when the hyperscalers’ intense spending on AI infrastructure will pay off.

Rothschild & Co Redburn analyst Alexander Haissl downgraded both companies Tuesday to “neutral” from “buy,” breaking with many of his peers. (Over 90% of the stocks’ analysts have buy-equivalent recommendations for them, according to Bloomberg.)

The industry’s narrative that generative AI is akin to the early cloud, he wrote, is “increasingly misplaced,” saying that the underlying economics for GenAI are “far weaker than assumed.”

Rani Molla4h

Google’s CEO on AI bubble: “I think no company is going to be immune, including us”

Alphabet and Google CEO Sundar Pichai is the latest head of a tech firm investing heavily in AI to admit that we may be in a bubble.

“I think no company is going to be immune, including us,” he told the BBC.

But like the others, he believes his company is positioned to come out on the other side stronger. And like the others, he compares the current moment’s AI spending to the “excess investment” of the earlier internet that ultimately led to the dot-com bubble. While there were huge losses, the technology changed the world and is integral to how it works today.

“Given the potential of this technology, the excitement is very rational,” Pichai told the BBC. “It’s also true when we go through these investment cycles there are moments where we all shoot collectively as an industry.”

“There are elements of irrationality through a moment like this.”

Google boss says trillion-dollar AI investment boom has 'elements of irrationality'

But like the others, he believes his company is positioned to come out on the other side stronger. And like the others, he compares the current moment’s AI spending to the “excess investment” of the earlier internet that ultimately led to the dot-com bubble. While there were huge losses, the technology changed the world and is integral to how it works today.

“Given the potential of this technology, the excitement is very rational,” Pichai told the BBC. “It’s also true when we go through these investment cycles there are moments where we all shoot collectively as an industry.”

“There are elements of irrationality through a moment like this.”

Rani Molla4h

Apple takes 25% of the Chinese market, up from 19% last year, on strong iPhone 17 sales

Apple’s iPhones accounted for one out of four smartphone sales in China in October, according to new data from Counterpoint Research, up from 19% last year. Overall, smartphone sales grew 8% driven by strong sales of Apple’s iPhone 17, giving the company its best-ever start to its all-important holiday quarter in the country.

The iPhone 17 base model as well as the Pro and Pro Max all saw mid- to high double-digit growth compared with last years, per Counterpoint.

China smartphone Oct 2025 — Counterpoint Research

Rani Molla11/17/25

Musk wants Tesla’s Optimus to get in and out of the Cybercab to deliver packages

Tesla CEO Elon Musk and Amazon founder Jeff Bezos seem to be competing on nearly every level. Both have media companies, both have space companies, and both helm private AI companies. Now it seems their giant public tech companies are slated to go head to head.

Musk has told his teams working on the Optimus robot that he wants it to be able to get in and out of the company’s Cybercab to make deliveries, according to a report by The Information. Amazon, of course, has also been amping up its use of robots, eventually planning to have them deliver its e-commerce packages.

The Optimus and Cybercab are supposed to go into production next year.

How Musk Could Tie Together Tesla and xAI

Musk has told his teams working on the Optimus robot that he wants it to be able to get in and out of the company’s Cybercab to make deliveries, according to a report by The Information. Amazon, of course, has also been amping up its use of robots, eventually planning to have them deliver its e-commerce packages.

The Optimus and Cybercab are supposed to go into production next year.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.