Nvidia, Accenture Join Forces to Boost Agentic AI in EnterpriseNvidia, Accenture Join Forces to Boost Agentic AI in Enterprise

Nvidia will provide the world’s largest IT services provider support, creating a new business group and helping to launch Accenture’s AI Refinery platform for agentic AI

Shane Snider, Senior Writer

October 7, 2024

1 Min Read
Nvidia/Accenture

The age of artificial intelligence working independently is upon us as two tech behemoths -- AI chip leader Nvidia and IT service giant Accenture -- on Wednesday announced a partnership that promises to bring more agentic AI to businesses.

Agentic AI systems are a type of artificial intelligence that can achieve goals and make decisions without direct human supervision -- planning actions, breaking down complex tasks, analyzing sensory input, making predictions, and even interacting with other systems. The technology promises to boost productivity and control labor costs.

While GenAI launched an enterprise arms race to adopt AI, agentic AI could be the technology that really transforms the enterprise. According to a report from Emergen Research, the agentic market is valued at $30.89 billion in 2024 and has an expected compound annual growth rate (CAGR) of 31.68%. North America makes up about 20% of the total market.

“AI will supercharge enterprises to scale innovation at great speed,” Jensen Huang, founder and CEO of Nvidia, said in a statement. “Nvidia’s platform, Accenture’s AI Refinery, and our combined expertise will help businesses and nations accelerate this transformation to drive unprecedented productivity and growth.”

Read the full story from AI Business' sister publication Information Week >>>

Related:Nvidia CEO: Generative AI, Accelerated Computing to Redefine the Future

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About the Author

Shane Snider

Senior Writer, InformationWeek

Shane Snider is a veteran journalist with more than 20 years of industry experience. He started his career as a general assignment reporter and has covered government, business, education, technology and much more. He was a reporter for the Triangle Business Journal, Raleigh News and Observer and most recently a tech reporter for CRN. He was also a top wedding photographer for many years, traveling across the country and around the world. He lives in Raleigh with his wife and two children.

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