Accenture(Accenture) in Bangalore, India, launched the GenerativeAI(Generative AI) Studio, designed to accelerate the widespread adoption of AI and analytics. The studio will leverage Accenture's strategic investments for clients in the Center for Advanced Artificial Intelligence.
The company plans to work through the studio with modern data and artificial intelligence foundations,LLM Architecture, ecosystem relationships, talent and responsible AI frameworks to co-create solutions. This initiative is part of Accenture's plan to invest $3 billion in AI and analytics.
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The opening of the generative AI studio is based on a recent Accenture study, which found that 74% of C-level executives plan to increase their AI-related investments in 2024, up from 50% last year.
The studio will leverage Accenture's strategic investments for clients in the Center for Advanced Artificial Intelligence, as well as the company's ownership of more than 1,450 AI patents (issued and pending) and accumulated knowledge from more than 300 ongoing generative AI projects.
The Generative Artificial Intelligence Studio will provide modification methods, model management services, and specialized training courses includingup to dateServiceNow and NVIDIA, as well as launching its own generative AI model called "Switchboard". In partnership with ServiceNow and NVIDIA, Accenture announced the launch of AI Lighthouse in July 2023, designed to accelerate the development and implementation of generative AI capabilities in the enterprise.
In September 2023, Accenture announced the launch of Writer, a generative AI platform for content creation for clients, designed to drive significant business impact.
Accenture's move is designed to further solidify its leadership in generative AI by providing clients with a full range of AI solutions.