Accenture invests $1 bn in learning platform , to buy edtech firm Udacity

Accenture has launched a new artificial intelligence (AI)-native learning platform to provide clients with comprehensive technology learning and training services that will help them reskill and upskill employees in technology, data and AI.

Accenture will invest $1 billion in LearnVantage over three years and will acquire edtech company Udacity to build on Accenture’s existing experience in learning and training to meet the rising demand for technology skills, including generative AI.

With the help of an AI recommendation engine, the LearnVantage platform curates the “best learning content” from Accenture and third-party providers to offer a personalised learning journey that aligns with priority areas of learning.