Accenture has invested in Snorkel AI, geared toward helping monetary providers companies in creating and scaling AI options.
The monetary particulars of the strategic funding haven’t been disclosed.
This funding, by means of Accenture Ventures, focuses on enhancing the curation of high-quality datasets important for coaching and evaluating AI fashions.
Snorkel AI provides Knowledge Growth Platform, which facilitates the analysis and tuning of specialized AI programs at scale.
The platform consists of providers akin to Snorkel Professional Knowledge-as-a-Service and Snorkel Enterprise AI, which expedite the transition from prototype to manufacturing by using superior information growth know-how.
Snorkel AI co-founder and CEO Alex Ratner mentioned: “This partnership marks a serious milestone in our mission to make data-centric AI the muse of enterprise innovation.
“As momentum builds round agentic AI, most enterprises nonetheless lack the domain-specific information and experience wanted to maneuver from prototype to manufacturing.”
Originating from the Stanford AI Lab, Snorkel AI’s platform is at the moment utilised by main firms, together with BNY and Experian, in addition to by the US authorities.
The platform is designed to handle the wants of agentic AI, using automation and repeatable workflows to transform fragmented information and area data into datasets for AI mannequin coaching and analysis.
This data-centric methodology helps faster and safer deployment of AI programs, notably in advanced regulatory environments.
Accenture and Snorkel AI plan to collaborate on creating customised options tailor-made to particular industries, with an preliminary emphasis on the monetary providers sector.
Moreover, Snorkel AI will take part in Accenture Ventures’ Venture Highlight, which is an accelerator programme for information and AI corporations.
This initiative offers entry to Accenture’s business experience and shopper community, enabling startups to innovate and realise their technological potential.
Accenture Ventures international lead Tom Lounibos mentioned: “Our purchasers wish to harness AI in methods which can be quick, safe, and aligned to actual enterprise outcomes.
“Snorkel’s distinctive strategy solves one of the persistent ache factors in AI growth—high-quality datasets for coaching and analysis of AI fashions.”
In late July 2025, Accenture introduced the acquisition of Maryville Consulting Group, a US-based know-how consultancy, to strengthen its know-how technique capabilities.
Join our every day information round-up!
Give your online business an edge with our main business insights.
