Accenture bets big on AI with recent investment of $3 billion in AI development.

Accenture announces a $3 billion investment in its data and artificial intelligence (AI) practice over the next three years.

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The company plans to double its AI headcount to 80,000 through hiring, acquisitions, and training.

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Accenture is currently working on generative AI projects, such as helping a hotel group manage customer queries and developing a judicial system for analyzing complex procedural information.

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Accenture will invest in assets, industry solutions, ventures, acquisitions, talent, and partnerships to deepen and develop AI skills and capabilities.

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Accenture has launched the AI Navigator for Enterprise platform, which assists clients in defining business cases, making decisions, and navigating their AI journeys to drive value.

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Accenture has established the Center for Advanced AI to maximize the value of generative and other AI technologies.

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Accenture CEO Julie Sweet emphasizes the company's commitment to responsible AI adoption and helping clients move from interest to action to value by building clear business cases.

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Paul Daugherty, Group Chief Executive of Accenture Technology, predicts that AI will transform industries, companies, and the way we live and work, with generative AI expected to impact 40% of working hours.

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Accenture has embedded AI in its service delivery through platforms like myWizard, SynOps, and MyNav, enabling efficiency, insights, and value for clients.

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