Latest news with #TomLounibos
Yahoo
08-08-2025
- Business
- Yahoo
Accenture (ACN) Backs Snorkel AI to Help Businesses Build Better AI—Starting With Finance
Accenture plc (NYSE:ACN) is one of the . On August 6, the company announced that it has made a strategic investment, through Accenture Ventures, in Snorkel AI. The investment aims to enable enterprises to build and scale AI solutions rapidly by managing high-quality datasets for training and evaluating AI models. Snorkel's flagship platform uses automation and repeatable workflows to transform data and domain knowledge into high-quality training and evaluating data for AI models. Through its data-centric approach, AI systems can be deployed safely and swiftly, particularly in complex and regulated environments. Accenture and Snorkel AI will also be collaborating to build industry-specific solutions, using best-in-class training data to build AI solutions at scale. Their initial focus is going to be on the financial services industry. 'Our clients are looking to harness AI in ways that are fast, secure, and aligned to real business outcomes. Snorkel's unique approach solves one of the most persistent pain points in AI development—high-quality datasets for training and evaluation of AI models. This investment can help our clients move from experimentation to impact more quickly.' -Tom Lounibos, global lead for Accenture Ventures. Accenture plc (NYSE:ACN) offers strategy and consulting services. While we acknowledge the potential of ACN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Sign in to access your portfolio
Business Wire
04-06-2025
- Business
- Business Wire
Accenture Helps High-Potential AI Startups Grow with Support from NVIDIA Inception
NEW YORK--(BUSINESS WIRE)--Accenture (NYSE: ACN) today announced expanded support for high-potential AI startups with a new engagement initiative, established through Accenture Ventures with support from NVIDIA Inception. This collaboration is designed to accelerate startup growth and innovation by closing a common gap many early-stage companies face—moving from breakthrough ideas to scalable enterprise solutions. The initiative will provide startups with market intelligence, technical workshops, enterprise workflow knowledge and exposure to real-world business environments. Startups will gain access to Accenture's deep industry experience and enterprise relationships, as well as emerging technology resources across Accenture Innovation's global network. Combined with NVIDIA's advanced technical capabilities and global developer ecosystem, this initiative will provide a powerful launchpad for the next generation of AI innovators. 'AI is reshaping industries at a breakneck pace, but many startups struggle to bridge the gap between innovation and enterprise-ready solutions,' said Tom Lounibos, global lead for Accenture Ventures. 'Through this collaboration, we're creating an environment where these companies can turn fresh ideas into reality—faster, smarter and with the right strategic backing.' Accenture Ventures and NVIDIA Inception will bring together world-class technical, commercial, and strategic support, and access to NVIDIA's extensive venture capital network. This will help AI startups rapidly adapt and refine solutions to achieve enterprise readiness and deliver meaningful impact in the market. 'The startup ecosystem drives technological innovation across all sectors, from customer experience to healthcare,' said Howard Wright, vice president of startup ecosystem at NVIDIA. 'NVIDIA Inception working together with Accenture Ventures will help startups accelerate their impact on every industry powered by AI.' Initial focus on marketing and customer experience The first phase of this initiative will focus on startups in the areas of marketing, sales, and customer service, where AI is reinventing how businesses connect with customers through data-driven insights, personalized content, and immersive experiences. Startups will be able to tap into marketing and customer domain expertise from Accenture Song's tech-powered creative group. Today's announcement highlights Accenture's ongoing investment in data and AI capabilities to help clients grow their business and sustain relevance with customers. It expands on the Accenture NVIDIA Business Group, launched last year to help clients rapidly scale AI adoption, including agentic AI systems, to drive new levels of productivity and growth. For instance, Accenture's AI Refinery™, built with NVIDIA AI Enterprise software, help companies turn raw AI technology into useful business solutions. About Accenture Accenture is a leading global professional services company that helps the world's leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 801,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world's leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at
