(Reuters) -Intuit forecast second-quarter revenue growth above Wall Street estimates on Thursday, a sign of growing demand for its artificial intelligence-powered financial management tools.

Shares of the company rose nearly 3% in extended trading.

The company, which offers products such as tax-preparation software TurboTax, finance portal Credit Karma and accounting tool QuickBooks, is benefiting as customers increasingly seek personalized financial guidance and automated solutions for tasks such as bookkeeping.

On Tuesday, Intuit signed a multi-year deal worth more than $100 million with OpenAI to use the ChatGPT maker’s AI models to power the company’s AI agents, systems capable of taking actions on behalf of users.

The company is doubling down on developing “done-for-you” experienc

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