Designed for the age of agent AI, Snorkel's flagship platform uses automation and repeatable workflows to transform knowledge of various siloed data and domains into high-quality data used to train and evaluate AI models. Its data-centric approach allows for faster and more secure deployment of AI systems, especially in complex and regulated environments. Accenture and Snorkel AI work together to build customized, industry-specific solutions to enable companies to build AI solutions at scale using best-in-class training data.
“Our clients are trying to leverage AI to be fast, secure and tailor it to real business outcomes,” said Tom Lounibos, global leader at Accenture Ventures. “Snorkel's unique approach solves one of the most sustained challenges in AI development: one of the high-quality datasets for training and evaluation of AI models. This investment helps clients to influence their experiments more quickly.”
“We're committed to providing a range of services to our customers,” said Jared Rorrer, industry leader in Americas Banking & Capital Markets at Accenture. “As banks accelerate their adoption of AI, the ability to generate accurate insights from high-quality, accurate data sources has become a strategic imperative. The development process will enable advanced data preparation platforms to streamline the curation and delivery of AI-enabled data, enabling banks to build more accurate, scalable and secure AI solutions.”
“This partnership is a major milestone in our mission to make data-centric AI the foundation of enterprise innovation,” said Alex Ratner, co-founder and CEO of Snorkel AI. “As momentum is built around Agent AI, most companies still lack the domain-specific data and expertise needed to move from prototype to production. By combining Snorkel's unified AI data development stack with Accenture's enterprise reach and AI strategy, we can make our organization come true and build and deploy AI systems with confidence.”
Snorkel AI will also be participating in Project Spotlight for Accenture Ventures, a vertical accelerator for data and AI companies. Project Spotlight provides Accenture's domain expertise and extensive access to its enterprise clients, helping startups leverage their creativity and deliver technology promises.
The investment conditions have not been disclosed.
About Accenture
Accenture is a leading global professional services company that helps world-leading companies, governments and other organizations build digital cores, optimize operations, accelerate revenue growth and enhance civic services. We are approximately 791,000 talented and innovation-driven companies serving clients in over 120 countries. Technology is at the heart of today's change, and we are one of the world's leaders who help us to promote that change, and we have a relationship with strong ecosystems. We combine the strengths of cloud, data and AI technology and leadership with unparalleled industry experience, functional expertise and global delivery capabilities. A wide range of services, solutions, assets and a culture of shared success and commitment to create 360° value can help clients reform and build trustworthy relationships. We measure success with a 360° value we create for our clients, each other, shareholders, partners and communities. Visit accenture.com.
About Snorkel
Snorkel AI is building a snorkel AI data development platform for large-scale evaluation and coordination of specialized AI. The provision of snorkel AI, including snorkel expert data and snorkel enterprise AI, accelerates the evaluation and tuning of specialized AI systems with expert data. The Snorkel AI platform, launched by Stanford AI Lab, is used for production by Fortune 500 companies including BNY and Experian, as well as by the US government. Find out more at Snorkel.ai. Follow us on LinkedIn and X.
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