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Accenture declare today that it would develop thelearning platform Udacityas part of an effort to work up a learning program focus on the mature interest in AI . While the company did n’t fix how much it paid for Udacity , it also announced a $ 1 billion investment in building a technology learning political platform it ’s calling LearnVantage .
While it could also offer more ecumenical technology education , the party made clean that it is specially interested in offering education to get workers up to speed on AI . “ The ascent of generative AI represents one of the most transformative change in how piece of work gets done and is driving a growing need for enterprises to train and upskill people in cloud , data and AI as they construct their digital core and reinvent their enterprises , ” Kishore Durg , global lede of Accenture LearnVantage enjoin in a program line .
As for Udacity , which was establish in 2011 , it generate the common kinds of statements a company make when it gets acquired by a much orotund administration like Accenture . That is , it believes that it can reach more people and help them acquire skills as part of the large entity . That goes without saying , but there had beenrumors earlier this yearthat the company was in talks with Native American edtech company Upgrad with an asking price of $ 80 million . on the face of it that deal fell through and Accenture end up buying them instead .
disregardless , if the rumored $ 80 million cost ticket was right , that was a precipitous drop in value for a company that raised almost $ 300 million , per PitchBook , and sported a $ 1 billion evaluation in 2015 .
Per common , the mess is subject to regulatory review and antimonopoly oversight .
Sebastian Thrun initiate strong-growing programme to transform Udacity
