'Like a Marriage': Inside Telstra and Accenture's AI Reinvention
Australian Financial Review
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Details
- Date Published
- 10 May 2025
- Priority Score
- 2
- Australian
- Yes
- Created
- 11 May 2025, 06:40 pm
Description
The telco’s $700 million partnership with the consulting group to develop artificial intelligence is no ordinary joint venture.
Summary
Telstra has embarked on a significant $700 million partnership with Accenture to bolster its AI capabilities, indicative of the telecommunications giant's ambition to lead in AI innovation. This venture employs approximately 1200 personnel operating between Australia and India, underscoring its expansive scope. While the article highlights Telstra's strategic moves, it offers limited analysis on how such developments might address broader AI safety or existential risks. However, the partnership is an important example of substantial private sector investment in AI, which could influence global standards in AI policy and governance.
Body
Jenny WigginsSenior companies reporterMay 12, 2025 – 5.00amSaveLog inorSubscribeto save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?LoginTelstra’s bold new $700 million artificial intelligence joint venture with global consulting group Accenture, which kicked off at the start of last month, now has some 1200 people working from offices in Australia and India as the telco giant pursues its ambition of becoming an AI leader.Loading...SaveLog inorSubscribeto save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?LoginLicense articleFollow the topics, people and companies that matter to you.Find out moreRead MoreAITelstra CorporationConsultingIT networksJenny WigginsSenior companies reporterJenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport.Connect withJennyonTwitter.EmailJennyatjwiggins@afr.comFetching latest articlesBishop stares down critics: ‘I turn down many more roles than I take on’Myriam RobinThis restaurant has New York buzz. You’ll never guess where it isThe watch brands courting women with dazzling designsHow the Ford family plans to avoid a Murdoch succession battlePatrick DurkinWhy this top Nike exec starts her day with a protein coffeeAs election losers, what will Dutton and Bandt do next?BMW’s entry-level model is well-equipped to take on the hatch marketTony DavisA beer and a bike ride is the perfect outing for this cycling brewerThis Insta-famous wonderland is no regular bookshop‘Grave social evil’: Howard urges government to crack down on pokiesGreg Bearup and Zoe SamiosHow a Sydney billionaire became the pokies king of Alice SpringsMeet the other Lew: Steven, who’s quietly built a $1b retail empire