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Fortune
Fortune
Sheryl Estrada

Intuit CFO: AI investments on track to deliver $90 million in annual savings

the TurboTax application to download in the Apple App Store (Credit: Getty Images)

Good morning. Intuit, a fintech company, is experiencing a boost to its bottom line with AI.

For more than a decade, the company has operated an AI-driven expert platform strategy, Sandeep Aujla, EVP and CFO at Intuit, told me. Intuit continually practices cleaning up data, powering its AI engines—and “staying humble,” Aujla said. He added that the firm doesn’t have the attitude that “our LLMs [large language models] are the best,” he said. “LLMs are going to be the fastest depreciating assets out there,” he added.

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