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Accenture, through Accenture Ventures, has made a strategic investment in Snorkel AI to accelerate enterprise AI development by curating high-quality datasets. The partnership focuses on building tailored AI solutions for financial services, enabling banks to deploy secure, scalable AI systems efficiently.
Accenture invests in Snorkel AI via Accenture Ventures.
Snorkel’s platform curates high-quality AI training datasets.
Focus on financial services for tailored, scalable AI solutions.
Enables faster, safer AI deployment in regulated environments.
Addresses data challenges for accurate, enterprise-ready AI.
Combines Snorkel’s data-centric AI with Accenture’s expertise.
Snorkel AI’s flagship platform leverages automation and repeatable workflows to transform disparate, siloed data into high-quality datasets for AI model training and evaluation. Designed for agentic AI, it enables faster and safer deployment of AI systems, particularly in regulated industries like financial services. Accenture and Snorkel AI are collaborating to develop industry-specific solutions, starting with banking, to deliver AI systems that align with business outcomes.
“As banks accelerate their adoption of AI, the ability to generate high-quality, accurate insights from disparate data sources has become a strategic imperative,” said Jared Rorrer, Accenture’s Americas Banking & Capital Markets industry lead. Snorkel’s data-centric approach addresses the challenge of interpreting and labeling complex financial data, embedding expert knowledge into the AI development process. This streamlines data preparation, enabling banks to build more accurate and secure AI solutions at scale.
“Our clients are looking to harness AI in ways that are fast, secure, and aligned to real business outcomes,” said Tom Lounibos, global lead for Accenture Ventures. Snorkel’s platform tackles a critical pain point in AI development—creating high-quality datasets—allowing enterprises to move from experimentation to impactful deployment. By combining Snorkel’s technology with Accenture’s enterprise reach, the partnership empowers organizations to implement AI with speed and confidence.
“This partnership marks a major milestone in our mission to make data-centric AI the foundation of enterprise innovation,” said Alex Ratner, Co-founder and CEO of Snorkel AI. The collaboration enables financial institutions to overcome the challenges of domain-specific data and expertise, moving AI projects from prototype to production. Snorkel’s unified AI data development stack, paired with Accenture’s AI strategy, positions enterprises to build specialized AI systems efficiently.
Accenture’s investment in Snorkel AI strengthens its ability to deliver transformative AI solutions for financial services. By addressing data challenges and enabling scalable, secure AI deployment, this partnership empowers banks to unlock business value and drive innovation in a competitive landscape.
Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 791,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities.
Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI's offerings, including Snorkel Expert Data-as-a-Service and Snorkel Enterprise AI, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI's programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI's platform is used in production by Fortune 500 companies, including BNY and Experian, as well by the U.S. government.
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