OpenAI and Thrive develop self-improving tax AI with 97% accuracy
OpenAI and Thrive have developed a self-improving AI system for tax preparation that boasts 97% accuracy. The pilot program processed 7,000 tax returns, significantly reducing preparation time and increasing throughput. This collaboration marks a unique arrangement in the tech industry, with Thrive Holdings owning the resulting intellectual property.
- ▪The AI system processed 7,000 tax returns during its pilot program.
- ▪Preparation time was cut by one-third, while throughput increased by 50%.
- ▪OpenAI acquired an equity stake in Thrive Holdings in December 2025.
Opening excerpt (first ~120 words) tap to expand
OpenAI and Thrive develop self-improving tax AI with 97% accuracy The system processed 7,000 tax returns in a pilot program, cutting preparation time by a third and boosting throughput by 50%. Share Add us on Google by Editorial Team May. 27, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Tax season is nobody’s idea of a good time.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.