Accenture Partners with Snorkel AI to Drive AI Innovation in Financial Services
Location: New York
Accenture has announced a strategic investment in Snorkel AI through Accenture Ventures to help enterprises—especially in financial services—create and scale AI solutions more efficiently.
Snorkel AI’s flagship platform uses automation and structured workflows to turn scattered, siloed data into high-quality training datasets for AI models. This data-centric approach speeds up safe AI deployment, making it especially valuable in regulated industries like banking.
The collaboration aims to deliver customized, industry-specific AI solutions, starting with financial services, enabling organizations to use best-in-class data for more accurate and scalable AI systems.
Why This Matters
- Faster AI Development: Automated data curation reduces the time from prototype to production.
- Higher Data Quality: Integrates expert domain knowledge directly into AI training.
- Secure & Scalable: Designed for complex, regulated sectors like banking and capital markets.
Industry Impact
As AI adoption accelerates in banking, the ability to interpret and label data accurately is critical. Snorkel AI addresses this by streamlining data preparation, allowing financial institutions to unlock business value while meeting compliance requirements.
By combining Snorkel’s unified AI data development stack with Accenture’s enterprise reach and AI strategy, the partnership aims to help organizations confidently deploy specialized AI systems.
About Accenture
Accenture is a global professional services leader in digital, cloud, and AI solutions, with nearly 791,000 employees serving clients in over 120 countries.
About Snorkel AI
Founded out of the Stanford AI Lab, Snorkel AI specializes in programmatic data development for AI. Its platform is used by Fortune 500 companies and the U.S. government to accelerate AI deployment.
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