Accenture to invest $3 billion in AI

READ TIME - 1 min 21 seconds

This is the Automated, your AI tour guide.

A warm welcome to the 371 folks who joined us yesterday.

Here’s what we got for you today:

  • 🤯 Accenture to Invest $3 Billion in AI.

  • 😡 Amazon Tackles Fake Reviews with AI Tools!

  • 🆕 Introducing Now Assist: AI-Powered Self-Service Solution.

🤯 Accenture To Invest $3 Billion in AI

Accenture, a global professional services and consulting company is about to make it rain with a whopping $3 billion investment in AI!

That's right, they're going all-in on AI.

They plan to double their Data & AI practice team from 40,000 to 80,000 employees. They'll be hiring, training, and even acquiring AI-focused startups.

But that's not all!

They've introduced a new solution, an AI Navigator for Enterprise, a platform that helps clients navigate the treacherous seas of AI.

It's like a GPS for businesses, except it tells you which AI models to use and helps you avoid design mistakes.

Accenture's CEO believes that AI will reshape industries, companies, and our lives in the next decade, we think it's gonna happen sooner.

Oh, did I mention they're also planning on setting up data and AI readiness accelerators across 19 industries? Find out more here

😡 Amazon Says Even its AI Can't Stop Fake Reviews!

The company has identified “fake review brokers” who approach average consumers through websites, social media or encrypted messaging services and get them to write fake reviews in exchange for money, free products, or other incentives as the source of most fake reviews.

To counteract this issue, Amazon employs sophisticated AI tools and machine learning algorithms that analyze multiple data points, including sign-in activity and review history, to identify fake reviews.

In 2022 alone, Amazon blocked over 200 million suspected fake reviews and filed lawsuits against more than 10,000 Facebook group administrators. 😮

Despite these measures, Amazon admits that acting alone is challenging due to the majority of fraudulent activities occurring outside of its platform.

So, Amazon has made a three-point plan to get some extra help.

🆕 ServiceNow unveils “Now Assist” a Generative AI solution for Self-Service

ServiceNow, a leading digital workflow company, is swooping in with their latest creation, Now Assist!

A self-service solution that aims to enhance productivity and streamline issue resolution.

With Now Assist, users get a quick and accurate response to their inquiries.

And the best part? You don't need a degree in rocket science to configure it. It's simple and easy to use.

They've also partnered with Nvidia to develop special language models (LLMs) just for ServiceNow.

Now Assist for Virtual Agent and Now Assist for Search are currently available to select customers and will be widely accessible in ServiceNow's Vancouver release in September 2023.

So mark your calendar, folks! 🗓️

That's all we've got for you today.

What'd you think of today's email?

Login or Subscribe to participate in polls.

Join the conversation

or to participate.