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Accenture reports AI-fueled growth in quarterly earnings

Accenture posted $18.7 billion in quarterly revenue, up 6% from last year, with profit hitting $1.99 billion. The consulting giant credits large enterprise clients adopting AI for much of this growth. Nearly 100 more clients started advanced AI projects with Accenture this quarter, bringing the total to over 400. CEO Julie Sweet says clients are still at different AI maturity stages, but demand for digital transformation and AI services keeps rising.

Why it mattersAccenture's results show that major enterprises are increasing both their investment and experimentation with AI, but they're still early in the journey. Consulting companies supplying the infrastructure and know-how are poised to benefit as organizations move toward deeper AI integration.

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