NEW YORK & NEPTUNE, N.J.--(BUSINESS WIRE)--Accenture signed an agreement to acquire a majority stake (65%) in US-based AI data center engineering and consulting firm DLB Associates.
NEW YORK--(BUSINESS WIRE)--Accenture has invested in Ryght AI, a platform provider that modernizes how clinical research is designed and executed for the life sciences industry.
Accenture is a hold, as growth moderates and valuation offers limited alpha despite its recent price decline. FY25 saw 7% growth and record contracts, but FY26 guidance is only 2-5% with restructuring underway, dampening near-term upside. ACN's forward PEG is 33% above the sector median; despite the illusion of value, this is the "value trap" tell.
The US Equity Income Fund underperformed its benchmark, the Russell 1000 Value Index, net of fees during the third quarter. Enterprise software company, Oracle Corporation, was a top contributor to relative returns during the quarter. Our position in consumer healthcare company, Kenvue Inc., was a top detractor from relative performance during the month.
Anthropic has teamed with consulting firm Accenture to help companies scale artificial intelligence (AI) projects. The collaboration, announced Tuesday (Dec. 9), has resulted in the Accenture Anthropic Business Group, which will provide training to around 30,000 professionals.
Consulting firm Accenture and AI darling Anthropic have announced an expansion of their partnership. Accenture says it will use Anthropic's Claude to serve both staff and clients.
AI research lab Anthropic continues to cement its stake as the predominant AI player in the enterprise space.
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