Accenture Stock Reverses a 4.7% Slide After $2 Billion Anthropic AI-Safety Pledge - TechStock²

The partnership will be led by Faculty, Accenture’s specialist AI business. Read more at straitstimes.com.

Anthropic coined "embedded evaluation," which gives companies "employee-like access" within the firm to monitor AI development.

Shares of global professional services company Accenture (NYSE:ACN) fell 3.3% in the afternoon session after Guggenheim analyst Jonathan Lee downgraded the stock to Neutral. According to StreetInsider, the rating change shifted Guggenheim

Anthropic said Friday it is partnering with consulting giant Accenture to have outside evaluators work inside the AI company, a step toward fulfilling a pledge by CEO Dario Amodei to have independent observers evaluate its most powerful models.The pledge was made in a September 12 essay in which Amodei argued that AI companies must slow the pace at which they improve their models

Anthropic plans to involve Accenture specialists in evaluating AI models and safety systems. The companies expect to invest at least $1 billion in the project over five years.

Accenture (ACN) closed at $181.29 in the latest trading session, marking a -4.73% move from the prior day.

As concerns over AI autonomy grow, two major companies are building a closer look inside the systems shaping technology’s next stage. Anthropic announced a partnership with Accenture on September 18 to independently evaluate advanced artificial intelligence models. Over the next five years, each company plans to invest at least billion in developing the necessary […]

Anthropic and Accenture are each investing at least $1 billion over five years to build capacity for embedded evaluation of frontier AI models, with…