Accenture Acquires Udacity to Launch $1B AI Training Platform for Reskilling Workers
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Accenture is acquiring Udacity to launch a new AI-powered training platform, Accenture LearnVantage, to help clients reskill and upskill workers.
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The platform uses a recommendation engine to identify skills gaps and deliver personalized learning to develop technology, data, and AI skills.
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Accenture is investing $1 billion over 3 years to expand the LearnVantage platform, citing high client demand for training services.
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Udacity was acquired for its content library, experts network, localized offerings, and “learn by doing” approach.
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Accenture's CEO views constant learning as key to the company's growth and workers' job security amid AI adoption.