Intuit is rolling out AI agents to small and medium-sized businesses (SMBs), enhancing its products like TurboTax, Credit Karma, QuickBooks, and Mailchimp. These AI agents can automate tasks such as processing accounts receivable and payable, updating tax codes, and handling payments, finance, project management, and accounting.
The AI agents will enable businesses to streamline their financial operations, improve accuracy, and reduce manual work. For instance, QuickBooks Online users will benefit from automated accounts receivable and payable processing, while tax professionals will appreciate the automated updates of US and state tax codes, reviewed by human experts for the 2026 tax season.
Intuit's AI-powered financial assistant, Intuit Assist, provides intelligent and personalized recommendations for small business and personal financial success. This move is part of Intuit's efforts to harness the power of AI to help SMBs grow and thrive.
In other AI news, voice AI startups have seen a significant surge in funding, with $2.1 billion raised in 2024, an eightfold increase from 2023. Meanwhile, Yoshua Bengio has launched LawZero, an AI safety research organization, with $30 million in funding to prevent AI from inflicting harm on humanity. AI-powered coding assistants are also becoming increasingly popular, helping SMBs build apps, automate processes, and test frameworks without full engineering teams.
