Accenture announced to harness the power of generative AI with its investment in Writer, a platform that transforms how enterprises create and shape content.
Writer’s platform enables businesses to seamlessly integrate generative AI into their content creation and drive significant business impact across enterprise functions including support, operations, product, sales, HR, marketing, and more.
This strategic investment by Accenture Ventures further reinforces the firm’s position as a leader in the adoption of AI-powered solutions.
Baiju Shah, chief strategy officer of Accenture Song, emphasised the significance of this investment, stating, “Our continued investments in generative AI platforms will empower clients across all industries to transform how they create, personalise, and distribute content at pace, but also safely, securely, and with brand integrity.”
Accenture has already adapted Writer’s generative AI capabilities, with its marketing and communications professionals using the platform to enhance content creation, align with brand guidelines, and boost writing proficiency.
Accenture Research underscores the importance of AI in the coming years, with up to 40% of all working hours projected to be influenced by AI, and 98% of global executives acknowledging the pivotal role of AI foundation models in their organisations’ strategies.
Writer enables organisations to execute generative AI use cases designed to meet their specific workflow needs. These AI-driven applications sit securely on an organisation’s own on-premises, systems or private clouds, using their own proprietary data and conforming to their specific style and brand guidelines.
Accenture’s Big Bets on Gen AI
Terms of the investment remain undisclosed, but the collaboration between Accenture and Writer marks a significant milestone in the evolution of generative AI’s role in shaping the future of content creation and enterprise productivity.
The Writers Guild of America, which represents almost 12,000 writers, are protesting that their profession is at stake. The New York Times has filed a lawsuit on OpenAI, as the newspaper accused the firm of illegally using its articles to train ChatGPT. There have been forefront questions about how AI will replace humans or undermine their work in the media sector. With newer, bigger investments in generative AI, there are millions of jobs at stake. Although companies affirm that AI will be used to increase productivity in the workplace, there is a looming question at large, will they choose profits over workforce.
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