Technology services provider Accenture, the latest company to bolster its artificial intelligence business, announced Tuesday it will invest $3 billion over the next three years, doubling its AI staff to meet burning demand.
Technology services provider Accenture, the latest company to bolster its artificial intelligence business, announced Tuesday that it will invest $3 billion over the next three years, doubling its AI headcount to meet burning demand.
Based in Dublin, Ireland, Accenture offers “industry-specific solutions that help clients reimagine their strategies, technologies and ways of working to responsibly drive innovation and value by harnessing the full potential of AI. He said that he aims to have 80,000 AI-related staff to support the construction of “solutions for And faster than ever. “
Accenture joins a list of technology companies vying to capitalize on widespread interest from companies seeking new AI tools that can analyze data, aid decision-making and replace some of the tasks currently performed by humans. increase. Much interest has been in ‘generative AI’ tools such as ChatGPT, which can generate writing works on command, as well as images, computer code, and other media.
Chip maker Nvidia has benefited from its growing use of AI, joining the monopoly club of companies with a market cap of $1 trillion in late May. But what got Wall Street excited was the company’s forecast of $11 billion in revenue for the quarter, up 64% from the same period last year.
Oracle on Tuesday soared to all-time highs after posting record annual revenue, saying AI companies were flocking to its cloud and infrastructure services, the latter of which grew 63% in 2023. .
Salesforce, which owns business communication platform Slack, on Monday introduced an AI cloud to help sales staff and marketers quickly generate personalized communications tailored to customer needs. It is said that
Accenture has 738,000 employees serving customers in more than 120 countries.
