Accenture is doubling down on generative AI, with Chief Technology and Innovation Officer Paul Daugherty highlighting the democratization of AI tools like ChatGPT in 2023. The global professional services company is investing $3 billion over three years in its Data and AI practice, aiming to double its AI talent to 80,000 professionals. In the past six months, Accenture has engaged in 3,000 client conversations and initiated 300 projects, with notable activity in banking, financial services, and consumer goods. Daugherty predicts that 2024 will witness companies scaling applications of generative AI and establishing foundations for responsible AI capabilities to drive business and ROI. The recent Accenture Pulse of Change survey indicates that 92% of CFOs plan to increase technology investments in 2024, prioritizing AI.
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Government technology and mission support provider Arcfield has successfully acquired Orion Space Solutions, enriching its space exploration and hypersonic detection capabilities. The collaboration aims to deliver space superiority and resiliency solutions to U.S. government agencies, particularly the Department of Defense and Intelligence Community. Orion, known for its expertise in sensor design, SmallSat integration, and atmospheric science, will contribute to Arcfield’s innovative solutions in the space domain. Geoff Crowley, CEO of Orion, expressed excitement about the partnership, emphasizing the alignment of their capabilities and the potential for developing cutting-edge space technologies for national security and intelligence missions.