- Intuit Inc. (NASDAQ:INTU) is launching a proprietary Generative AI operating system, or GenOS, with custom-trained financial large language models.
- These AI-powered models specialize in solving tax, accounting, marketing, cash flow, and personal finance challenges.
- Intuit GenOS is primarily comprised of four core components: GenStudio, GenRuntime, GenUX, and Financial Large Language Models.
- “The depth of our customer data, along with our proprietary GenOS platform, create a competitive advantage for Intuit,” said Sasan Goodarzi, president and CEO of Intuit.
- With more than 730 million AI-driven customer interactions per year, Intuit is generating 58 billion machine learning predictions daily.
- Intuit confirmed it is “strategically partnering” with world-class players in GenAI to unlock new opportunities.
- Also Read: Intuit Stock Stumbles On Revenue Disappointment, Yet Analysts Remain Optimistic
- Price Action: INTU shares are trading higher by 1.61% to $449.98 on the last check Tuesday.
Morgan Stanley Maintains Overweight on Ingersoll Rand, Lowers Price Target to $53
Morgan Stanley analyst Joshua Pokrzywinski maintains Ingersoll Rand (NYSE:IR) with a Overweight and lowers the price target from $55 to $53.