Accenture (NYSE: ACN) has made a strategic investment, through Accenture Ventures, in Snorkel AI to help enterprises build and scale AI solutions more quickly by curating high-quality datasets for training and evaluating AI models.
Designed for the era of agentic AI, Snorkel’s platform “uses automation and repeatable workflows to transform disparate, siloed data and domain knowledge into data used for training and evaluating AI models.”
Its data-centric approach allows for “faster, safer deployment of AI systems, especially in complex and regulated environments.”
Accenture and Snorkel AI will also collaborate to “build tailored, industry-specific solutions that enable enterprises to use training data to build AI solutions at scale, with an initial focus on the financial services industry.”
Snorkel AI will also join Accenture Ventures’ Project Spotlight, “a vertical accelerator for data and AI companies.”
Project Spotlight offers access to Accenture’s “domain expertise and its enterprise clients, helping startups harness creativity and deliver on the promise of their technology.”
Terms of the investment were “not disclosed.”
As noted in the update, Accenture is a professional services company that “helps businesses, governments, organizations build their digital core, optimize operations, accelerate revenue growth and enhance citizen services.”
They are a company with “approximately 791,000 people serving clients in more than 120 countries.”
They combine their strength “in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability.”
Their range of services, solutions and assets “across Strategy & Consulting, Technology, Operations, Industry X and Song, together with their culture of shared success and commitment to creating 360° value, enable them to help clients reinvent and build relationships.”
Snorkel AI is building the Snorkel AI Data Development Platform “for evaluating and tuning specialized AI at scale.”
Snorkel AI’s offerings, including Snorkel Expert Data-as-a-Service and Snorkel Enterprise AI, “accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology.”
Launched out of the Stanford AI Lab, Snorkel AI’s platform is “used in production by Fortune 500 companies, including BNY and Experian, as well by the U.S. government. “