Nvidia, Accenture in spotlight as companies expand AI partnership
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2 months ago
Nvidia (NASDAQ:NVDA) and Accenture (NYSE:ACN) were in the spotlight on Wednesday as the two companies expanded their partnership focused on artificial intelligence, including the creation of a new Accenture division, Nvidia Business Group.
Nvidia Business Group will have 30,000 professionals around the world getting training to help Accenture’s clients reinvent processes and scale enterprise AI adoption with the Accenture AI Refinery platform, which uses the entirety of Nvidia’s AI stack.
Additionally, the deployment of autonomous agents built in Accenture’s AI Refinery has helped the consulting firm with its marketing function.
“We are breaking significant new ground with our partnership with NVIDIA and enabling our clients to be at the forefront of using generative AI as a catalyst for reinvention,” Accenture Chairman and Chief Executive Julie Sweet said in a statement. “Accenture AI Refinery will create opportunities for companies to reimagine their processes and operations, discover new ways of working, and scale AI solutions across the enterprise to help drive continuous change and create value.”
“AI will supercharge enterprises to scale innovation at greater speed,” said Jensen Huang, founder and CEO, NVIDIA. “NVIDIA’s platform, Accenture’s AI Refinery and our combined expertise will help businesses and nations accelerate this transformation to drive unprecedented productivity and growth.”
Nvidia shares fell 0.6% in premarket trading, while Accenture was little changed.