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Accenture To Invest $3 bn In AI

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Accenture To Invest $3 bn In AI 

Accenture announced a $3 billion investment in its Data & AI practise over three years to assist clients across all industries rapidly and ethically progress and deploy AI to achieve better growth, efficiency, and resilience.

Accenture will invest in assets, industry solutions, ventures, acquisitions, people, and ecosystem alliances in order to deepen and build new diagnostic, predictive, and generative AI skills and capabilities.

Through a combination of hiring, acquisitions, and training, the Data & AI practise will more than double its AI talent to 80,000 professionals.

The new AI Navigator for Enterprise is a generative AI-based platform that will assist clients in defining business cases, making decisions, navigating AI journeys, selecting architectures, and understanding algorithms and models in order to responsibly deliver value. The platform will feature assets aimed to advance responsible AI practises and compliance programmes, building on Accenture’s own work.

Accenture will develop data and AI preparation accelerators across 19 sectors, as well as pre-built industry and functional models that use new generative AI capabilities.

(With inputs from Shikha Singh)

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