In order to keep one step ahead of the competition, artificial intelligence (AI) is the buzz of the AI world, and more and more businesses are using cutting-edge technology. Recently, several businesses, including Canva, LinkedIn, Meta, and Google, to mention a few, unveiled AI-powered functionality for their products.
A brief about Accenture plans to invest USD 3 billion in artificial intelligence and quadruple its AI workforce to 80000 employees
Accenture, an IT company, has just announced $3 billion in investments in the AI industry. Over the following three years, the corporation will invest this sum in the new technology. Additionally, Accenture intends to increase its AI workforce by 80,000 employees, or by a factor of two. Accenture said in March of this year that it would be laying off 19,000 workers to save costs.
Accenture announced the news in a blog post. The article, which was published on June 13, stated that “Accenture today announced a USD 3 billion investment over three years in its Data and AI practise to help clients across all industries rapidly and responsibly advance and use AI to achieve greater growth, efficiency, and resilience.”
Speaking about the investment, Julie Sweet, CEO of Accenture, noted that there is “unprecedented interest in all aspects of AI. The significant investment we are making in our Data & AI practise will enable our clients move from curiosity to action to value in a responsible manner with clear business cases.
Companies that adopt and scale AI now, while the technology is established and offers obvious benefit, will be better equipped to reinvent themselves, compete, and reach new levels of performance. In a time when technology is evolving swiftly and our clients are dealing with complex environments, our in-depth knowledge of ecosystem solutions enables us to guide them through this process quickly and affordably so they can make wise decisions.
The corporation intends to employ 80,000 people in the field of artificial intelligence, according to the blog post. ‘Hiring, acquisitions, and training’ will be used in combination to accomplish this. “The Data & AI practise will double its AI talent to 80,000 professionals through a mix of hiring, acquisitions, and training,” the statement stated.
