Top 8 Trending AI News Updates Investors Should Not Miss

2. Accenture Plc (NYSE:ACN)

Number of Hedge Fund Holders: 79

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

On February 24th, Accenture Plc (NYSE:ACN) forged a partnership with Australia’s Westpac bank to improve the latter’s digital banking service through AI-powered agents, expected to enhance productivity, automate compliance checks, streamline banking processes, efficiently oversee customer interactions, and advance operational dynamics within the banking giant.

“We are exploring multiple applications for these agents across products, customer service, fraud prevention, and more.”

-said Pieter Vorster, general manager for data platforms at Westpac.