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Thursday, June 15, 2023

Accenture Announces Jaw-dropping $3 Billion Investment in AI

More big investments in AI

Accenture announces jaw-dropping $3 billion investment in AI

Carl Franzen  @carlfranzen   June 13, 2023 7:09 AM

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The generative AI announcements are coming fast and furious these days, but among the biggest in terms of sheer dollar commitments just landed: Accenture, the global professional services and consulting giant, today announced it will invest $3 billion (with a “b”!) in AI over the next three years in building out its team of AI professionals and AI-focused solutions for its clients.

“There is unprecedented interest in all areas of AI, and the substantial investment we are making in our Data & AI practice will help our clients move from interest to action to value, and in a responsible way with clear business cases,” said Julie Sweet, Accenture’s chairwoman and CEO.

The announcement includes a host of new initiatives designed to assist Accenture and its enterprise customers in developing new strategies, operating models, business cases and digital core architecture they will need to capitalize on AI innovation.  ... ' 

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