elstra’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.
When news of the venture between Accenture and Telstra, which will be 60 per cent owned by Accenture and last for seven years, was revealed by The Australian Financial Review in mid-January, it was noted around the world.
Frederic Giron, the Hong Kong-based head of Forrester Research’s Asia-Pacific technology and digital team, described the arrangement as “a clever strategy” that reflected a significant shift in how big companies were thinking about AI.
Source: https://www.afr.com/companies/telecommunications/it-s-like-a-marriage-inside-telstra-and-accenture-s-ai-reinvention-20250422-p5ltf1