Accenture investing $3B in AI over three years

Accenture announced a $3B investment over three years in its Data & AI practice to help clients across all industries advance and use AI to achieve greater growth, efficiency and resilience. The company’s AI expertise spans more than 1,450 patents and pending patent applications worldwide and hundreds of client solutions at scale, ranging from marketing to retail and security to manufacturing. Accenture will invest in assets, industry solutions, ventures, acquisitions, talent and ecosystem partnerships. The Data & AI practice will double its AI talent to 80,000 professionals through a mix of hiring, acquisitions and training. The new AI Navigator for Enterprise is a generative AI-based platform that will help clients define business cases, make decisions, navigate AI journeys, choose architectures and understand algorithms and models. Accenture will invest in new and existing relationships across its cloud, data and AI ecosystems.