Intuit Will Pay OpenAI $100 Million In Deal Combining TurboTax And ChatGPT

Google CEO Sundar Pichai has commented on the growing concerns surrounding the artificial intelligence (AI) bubble, echoing sentiments shared by industry experts. The discussion gained momentum after OpenAI CEO Sam Altman indicated that it was acceptable to address the issue. Pichai's remarks reflect a broader acknowledgment within the tech community about the potential risks associated with inflated valuations in the AI sector.

The U.S. job market has reached a new low in October, primarily due to the unprecedented six-week federal government shutdown. This shutdown left the U.S. Federal Reserve and economists without crucial data. With the government now reopened, the delayed September employment report is set to be released on November 20. The situation raises concerns about the overall health of the job market and its implications for economic policy moving forward.

William Blair has reiterated its Outperform rating for Intuit's stock, highlighting the company's strategic push into artificial intelligence. This positive sentiment reflects confidence in Intuit's ability to leverage AI technologies to enhance its product offerings. The reaffirmation comes as Intuit continues to innovate and integrate advanced AI solutions into its financial tools, which is expected to drive growth and improve user experience.

On November 18, 2025, a significant outage at Cloudflare disrupted services for several major platforms, including X and ChatGPT. Users reported widespread service interruptions, leading to frustration and confusion. The outage raised concerns about the reliability of internet infrastructure, as many websites displayed error messages and were inaccessible during the incident. Cloudflare is currently investigating the cause of the disruption and its impact on users and businesses.

A $100 million pro-AI super PAC, supported by Andreessen Horowitz and OpenAI president Greg Brockman, has targeted its first congressional race in New York. This move marks a significant entry of artificial intelligence into political campaigning, reflecting the growing influence of tech funding in elections. The PAC aims to promote candidates who support AI advancements, indicating a shift in political dynamics as technology increasingly shapes policy discussions.

Walmart has faced significant competition over the past two decades from e-commerce giants like Amazon and traditional retailers such as Target. This competition has at times led to skepticism about Walmart's market dominance, prompting some investors to sell their shares. However, recent trends indicate a stabilization in Walmart's stock price, suggesting renewed investor confidence as the company prepares for its upcoming earnings report.

Microsoft and Nvidia are set to invest up to $15 billion in AI start-up Anthropic, which is considered a competitor to OpenAI. This investment will support Anthropic's commitment to purchasing $30 billion in computing capacity from Microsoft, utilizing data centers powered by Nvidia chips. The collaboration highlights the growing competition in the AI sector, as major tech companies seek to enhance their capabilities in artificial intelligence.

Emmanuel Lubanzadio of OpenAI, Chris Maurice of Yellow Card, and Lexi Novitske of Norrsken22 discussed the role of AI, blockchain, and fintech in positioning Africa as a leader in global technology innovation. This conversation took place at the Bloomberg Africa Business Summit 2025 in Johannesburg, South Africa, highlighting the continent's potential to drive advancements in these sectors.