Accenture Partners with OpenAI to Deploy ChatGPT Enterprise Across Tens of Thousands of Employees

Accenture ties up with OpenAI to equip thousands of its employees with ChatGPT

The companies on Monday said they will also launch a new artificial intelligence program to help enterprises in various industries, including financial services, healthcare and retail adopt AI-powered workflows. Accenture will equip tens of thousands of its IT professionals with ChatGPT Enterprise through a partnership with OpenAI, as the consulting firm looks to capitalize on the growing demand for AI services. Shares of Accenture rose over 2.8% in premarket trading following the news. The companies on Monday said they will also launch a new artificial intelligence program to help enterprises in various industries, including financial services, healthcare and retail adopt AI-powered workflows. Amid uncertain government spending and a cloudy economic environment, Accenture is ramping up AI integration to attract enterprise clients, along with launching an $865 million restructuring in September to realign its workforce, cut costs and improve efficiency. With AI systems becoming more advanced, concerns have grown around their potential impact on the consulting industry's large global workforce, as new software can rapidly collate, process and generate content with precision. As part of the OpenAI partnership, Accenture's teams will use ChatGPT Enterprise for internal and external work, while accelerating AI upskilling across roles, the companies said. (Reporting by Zaheer Kachwala in Bengaluru; Editing by Vijay Kishore)

Accenture Bets Big On OpenAI, Shares Rise: What's Happening? - Accenture (NYSE:ACN)

Accenture Plc (NYSE:ACN) shares are trading higher Monday after the company announced a collaboration with OpenAI to equip professionals with ChatGPT Enterprise. ACN shares are climbing with conviction. Check the full analysis here. What To Know: Accenture said it will roll out ChatGPT Enterprise to tens of thousands of its employees as part of a broader plan to integrate agentic AI systems across consulting, operations and delivery work. The company also plans to create what it calls the largest group of professionals upskilled through OpenAI Certifications. As part of the collaboration, OpenAI will be one of Accenture's primary AI partners for its next generation of AI-powered services. The two companies are launching a flagship AI program designed to help enterprise clients adopt OpenAI products in real business workflows, turning legacy processes into AI-powered systems across sectors such as financial services, healthcare, the public sector and retail. Accenture said its teams will use OpenAI's AgentKit to help clients design, test and deploy custom AI agents aimed at automating workflows and supporting key functions, including customer service, supply chain, finance and HR. The company also noted it is helping OpenAI scale its own operations globally by integrating OpenAI's technologies into front- and back-office functions. ACN Analysis: Accenture is currently trading approximately 5.4% above its 50-day moving average, indicating a strong short-term bullish trend. However, it remains about 9.1% below its 200-day moving average, suggesting that while the stock is experiencing short-term strength, it may still face challenges in establishing a longer-term upward trajectory. The stock's 52-week range of $229.40 to $398.35 highlights significant volatility, with the current price sitting closer to the lower end of this range. This could imply that there is room for growth if the stock can break through key resistance levels, particularly the psychological barrier around $260. See Also: After Eliminating 25% Of Its Staff, The IRS Is Turning To AI Agents. 'It Would Be Negligence' Not To Use AI Tools ACN Price Action: At the time of writing, Accenture shares are trading 3.50% higher at $258.60, according to data from Benzinga Pro. Image via Shutterstock ACNAccenture PLC$258.583.43%Overview This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Market News and Data brought to you by Benzinga APIs

Accenture Strengthens AI Capabilities With OpenAI Partnership - Accenture (NYSE:ACN), Palantir Technologies (NASDAQ:PLTR)

Accenture plc (NYSE:ACN) shares are trading higher after the company disclosed a collaboration with the parent company of ChatGPT, OpenAI, to bring agentic AI systems to the core of enterprise operations. The firm will provide tens of thousands of its professionals with ChatGPT Enterprise for consulting, operations, and delivery work. The program provides playbooks, use cases and security guidance to help clients integrate AI into various business departments. This includes customer service, supply chain, finance, and human resources. Also Read: Accenture Acquires RANGR Data To Strengthen Palantir Engineering Team The initiative will target specific sectors, including financial services, healthcare, public sector, and retail. "By combining OpenAI breakthrough technologies with Accenture's deep industry and functional expertise and global delivery capabilities, we will accelerate enterprise reinvention and business outcomes for our clients," Accenture CEO Julie Sweet said. Recent Key Events In October, Accenture invested in Lyzr, a full-stack agent infrastructure platform that enables enterprises to build, govern, and deploy a secure, autonomous AI workforce. Also, the company acquired Decho, a U.K.-based technology and AI consultancy that specializes in Palantir Technologies Inc. (NYSE:PLTR) platforms. Price Action: ACN shares are up 3.40% at $258.29 at the last check on Monday. Read Next: 'They're Hiring You For Your Personality Traits,' Says Coursera CEO Greg Hart As AI Replaces 40% Of Entry-Level Tasks Across Major Firms Image: Shutterstock ACNAccenture PLC$257.743.10%OverviewPLTRPalantir Technologies Inc$168.23-0.13%Market News and Data brought to you by Benzinga APIs

Accenture stock surges after OpenAI collaboration announcement By Investing.com

Investing.com -- Accenture (NYSE:ACN) stock surged 5% following the announcement of a strategic collaboration with OpenAI to accelerate enterprise AI adoption. The partnership will equip tens of thousands of Accenture professionals with ChatGPT Enterprise, positioning the consulting giant to integrate advanced AI capabilities into its client services. As part of the agreement, Accenture will become one of OpenAI's primary AI partners for its next generation of AI-powered services. The collaboration includes a new flagship AI program combining OpenAI's enterprise products with Accenture's industry expertise. This initiative aims to help organizations across sectors including financial services, healthcare, public sector, and retail transform legacy processes into AI-powered workflows. "By combining OpenAI breakthrough technologies with Accenture's deep industry and functional expertise and global delivery capabilities, we will accelerate enterprise reinvention and business outcomes for our clients," said Julie Sweet, Chair and CEO of Accenture. Fidji Simo, CEO of Applications at OpenAI, highlighted the partnership's potential impact, stating, "Accenture plays an important role in helping companies adopt the technologies that define each new era, and we're excited to partner with them to accelerate the AI transformation of the largest enterprises." The companies will collaborate on developing AI-first enterprise solutions for key corporate functions such as customer service, supply chain, finance, and HR. Accenture will also utilize OpenAI's AgentKit to help clients design and deploy custom AI agents that automate workflows and augment decision-making. Additionally, Accenture has committed to creating the largest group of professionals upskilled through OpenAI Certifications, applying these learnings to help clients scale their own AI adoption efforts. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Accenture ties up with OpenAI to equip thousands of its employees with ChatGPT

Dec 1 (Reuters) - Accenture will equip tens of thousands of its IT professionals with ChatGPT Enterprise through a partnership with OpenAI, as the consulting firm looks to capitalize on the growing demand for AI services. Shares of Accenture rose over 2.8% in premarket trading following the news. The companies on Monday said they will also launch a new artificial intelligence program to help enterprises in various industries, including financial services, healthcare and retail adopt AI-powered workflows. Amid uncertain government spending and a cloudy economic environment, Accenture is ramping up AI integration to attract enterprise clients, along with launching an $865 million restructuring in September to realign its workforce, cut costs and improve efficiency. With AI systems becoming more advanced, concerns have grown around their potential impact on the consulting industry's large global workforce, as new software can rapidly collate, process and generate content with precision. As part of the OpenAI partnership, Accenture's teams will use ChatGPT Enterprise for internal and external work, while accelerating AI upskilling across roles, the companies said. (Reporting by Zaheer Kachwala in Bengaluru; Editing by Vijay Kishore)