Top 8 AI News Updates on Wall Street’s Radar

3. Accenture Plc (NYSE:ACN)

Number of Hedge Fund Holders: 79

Accenture Plc (NYSE:ACN) offers diverse services ranging from agile transformation and data analytics to intelligent automation and software engineering. The company has been speeding up its R&D and AI agent deployment using Nvidia Corp.’s (NASDAQ:NVDA) AI offerings for faster placement of multi-agent networks and seamless integration into enterprise systems. It is also overhauling its core banking modernization capabilities via platform acquisitions, enabling data unification from legacy and modern banking architectures for product development and innovation.

On March 31st, Accenture Plc (NYSE:ACN) announced it is extending its long-term partnership with Siemens to transform engineering and manufacturing. The two companies formed the Accenture Siemens Business Group to combine their AI capabilities and jointly develop and market offerings that leverage automation, industrial AI, and software.

“Engineering and manufacturing are the next digital frontier. The Accenture Siemens Business Group scales the power of automation, data and AI to help clients reinvent their products and how they make them. Together with our long-standing partner Siemens, we will increase speed and efficiency, reduce cost and strengthen the digital core, which is essential for continuous reinvention and the creation of new value.”

-said Julie Sweet, CEO of Accenture Plc.