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Tax software provider Intuit has agreed to pay OpenAI more than $100 million in a multiyear deal to use the artificial intelligence startup's large language models to bolster its financial products.

Intuit shares climbed 3% on Tuesday.

By using OpenAI's technology inside GenOS, its internal AI system, Intuit is aiming to upgrade its products with advanced AI agents. The models will work across Intuit's TurboTax, QuickBooks, Credit Karma and Mailchimp services.

The companies are also partnering to integrate OpenAI's ChatGPT chatbot with Intuit's offerings.

TurboTax users can link their Intuit accounts to ChatGPT, and take tax or financial actions in a secure fashion. ChatGPT can then guide those custom

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