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Accenture to acquire Udacity to build a learning platform focused on AI
Accenture announced today that was acquiring edtech startup Udacity to build a learning platform to teach clients about AI.
While the company didn’t specify how much it paid for Udacity, it also announced a $1 billion investment in building a technology learning platform it’s calling LearnVantage. “The rise of generative AI represents one of the most transformative changes in how work gets done and is driving a growing need for enterprises to train and upskill people in cloud, data and AI as they build their digital core and reinvent their enterprises,” Kishore Durg, global lead of Accenture LearnVantage said in a statement. As for Udacity, which was founded in 2011, it gave the usual kinds of statements a company makes when it gets acquired by a much larger organization like Accenture.
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