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News  ›  Benzinga

Accenture To Acquire UK AI Firm Faculty To Scale Enterprise AI

Benzinga Logo Benzinga By Akanksha Bakshi
Accenture To Acquire UK AI Firm Faculty To Scale Enterprise AI

Accenture announced the acquisition of Faculty, a UK-based AI firm, to strengthen its enterprise AI capabilities. The deal adds over 400 AI specialists and Faculty's decision intelligence platform to Accenture's portfolio. Faculty's CEO Marc Warner will become Accenture's CTO. The acquisition is subject to regulatory approval with undisclosed financial terms.

Insights
CRAQU   negative

The bank reported nonrecurring losses from CAL that impacted its quarterly net income, suggesting some financial challenges with this entity.


ACN   positive

Strategic acquisition to expand AI capabilities and talent, strengthening competitive position in high-demand enterprise AI market. Adds 400+ specialists and proven decision intelligence platform.