Top 15 AI Stocks Taking Wall Street by Storm

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10. Accenture plc (NYSE:ACN)

Number of Hedge Fund Holders: 69

Accenture plc (NYSE:ACN) is one of the Top 15 AI Stocks Taking Wall Street by Storm. On August 6, the company announced that it has made a strategic investment, through Accenture Ventures, in Snorkel AI. The investment aims to enable enterprises to build and scale AI solutions rapidly by managing high-quality datasets for training and evaluating AI models.

Snorkel’s flagship platform uses automation and repeatable workflows to transform data and domain knowledge into high-quality training and evaluating data for AI models.

Through its data-centric approach, AI systems can be deployed safely and swiftly, particularly in complex and regulated environments.

Accenture and Snorkel AI will also be collaborating to build industry-specific solutions, using best-in-class training data to build AI solutions at scale. Their initial focus is going to be on the financial services industry.

“Our clients are looking to harness AI in ways that are fast, secure, and aligned to real business outcomes. Snorkel’s unique approach solves one of the most persistent pain points in AI development—high-quality datasets for training and evaluation of AI models. This investment can help our clients move from experimentation to impact more quickly.”

-Tom Lounibos, global lead for Accenture Ventures.

Accenture plc (NYSE:ACN) offers strategy and consulting services.

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