Accenture has invested in AI firm Stardog which has developed technology that combines data from several sources and makes it machine-understandable without changing the underlying data.
The big idea is to allow such data to be better searched, and improve searches using generative AI.
Accenture makes it clear that it is not acquiring Stardog, but is instead making a strategic minority investment in the company via its Accenture Ventures.
Accenture Cloud First. chief technologist Teresa Tung said: “We believe this is such a strategic technology that we want to get in with the startups so that we can shape their product to be best for helping us with our clients.”
Accenture, which currently partners with Stardog, did not disclose the size of its investment which apparently does not give it first rights to Stardog’s technology.
Instead the move means that Accenture can influence Stardog’s roadmap
