Telstra and Accenture are forming a seven-year joint venture to reinvent business processes through the use of artificial intelligence.

The West Australian

Australia

Telstra teams with Accenture to supercharge AI plans

Media Bias/Fact Check

Kerry Stokes

PerthNow

City of Perth

Western Australia

Vicki Brady says the telco group’s customers have ‘no appetite’ for phone outages. Her $700 million Accenture deal shows it is getting serious about AI.

Australian Financial Review

Nine Entertainment Co.

Sydney

New South Wales

AI can stop phones dropping out, Telstra boss says

Telstra and Accenture announce a joint venture to accelerate the Australian operator’s AI and data transformation, leveraging cutting-edge technologies and Accenture’s AI investment.

Telecom Talk

Telstra and Accenture Announce Joint Venture to Accelerate AI and Data Strategy

Telstra unveiled plans to forge a JV with consultancy Accenture to improve its AI capabilities and streamline operations over a seven-year period, a move Australian Financial Review reported would involve the operator making an AUD700 million ($434.6 million) investment. The venture would be 60 per cent owned by Accenture, though its formation is subject to consultation with employees and unions, the newspaper wrote. Kim Krogh Andersen, Telstra’…

Mobile World Live

Telstra to streamline operations with Accenture JV

Australian telco is forming an AI venture with global consultancy Both companies will contribute staff and funding to the venture, which will be majority-owned by Accenture The move enables Telstra to massively consolidate its data and AI vendor relationships, just as it has already done with its software engineering and IT unit

TelecomTV

Telstra to form AI joint venture with Accenture

Telstra and Accenture form strategic 7-year AI partnership, with Accenture taking 60% stake. Deal unlocks $3B AI portfolio access and consolidates Telstra's data operations.

stocktitan.net

Telstra Partners with Accenture in Major AI Joint Venture to Transform Data Operations

It's looking like the S&P/ASX 200 Index (ASX: XJO) is on track for another positive session so far this Wednesday (touch wood). At the time of writing, the ASX 200 has gained a tentative 0.2% and is back over 8,230 points. But let's talk about what's happening with the Telstra Group Ltd (ASX: TLS) share price. Investors have left Telstra shares behind today. Although the ASX 200 has risen, the Telstra share price is nursing a hefty 0.98% loss an…

fool.com.au

Telstra share price slumps despite record $700 million AI investment

Telstra’s Major AI Venture and Its Implications Telstra, a prominent player in the telecommunications industry, is embarking on a significant journey by investing a remarkable $700 million in artificial intelligence (AI). Through a strategic partnership with Accenture, the company aims to enhance operational efficiency and drive down costs over the next several years. This substantial commitment will see $100 million allocated annually as part o…

elblog.pl

Telstra's Bold Move to Embrace AI! What It Means for Investors

The ASX 200 is expected to open higher again today, up around 17.1 points for a modest 0.2% gain, following its green close yesterday. After Monday’s bloodbath across the bourse, two green days is a nice reversal. A “tamer than expected” producer-price index report from December was the first thing that helped sentiments stay positive: The Tuesday (in the U.S.) data showed inflation at a wholesale level hasn’t been as high as expected. Market-mo…

Telstra teams with Accenture to supercharge AI plans

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