Tag Archives: Intuit

Intuit’s AI gamble: Mass layoff of 1,800 paired with hiring spree

reader comments 170 On Wednesday, Intuit CEO Sasan Goodarzi announced in a letter to the company that it would be laying off 1,800 employees—about 10 percent of its workforce of around 18,000—while simultaneously planning to hire the same number of new workers as part of a major restructuring effort purportedly focused on AI. “As I’ve… Read More »

TurboTax-maker Intuit offers an AI agent that provides financial tips

reader comments 41 with On Wednesday, TurboTax-maker Intuit launched an AI assistant called “Intuit Assist” that can provide AI-generated financial recommendations and assist with decision-making when using the company’s software, Reuters reports. Inuit Assist uses a custom large language model platform called GenOS, and it is available now to all TurboTax customers and select users… Read More »