-->

KMWorld 2024 Is Nov. 18-21 in Washington, DC. Register now for Super Early Bird Savings!

Accenture invests in Sanctuary AI to reinvent the workforce

Article Featured Image

Accenture announced it has made a strategic investment, through Accenture Ventures, in Sanctuary AI, a developer of humanoid general-purpose robots that are powered by AI and can perform a wide variety of work tasks quickly, safely, and effectively—aiming to revolutionize how humans and machines work.

Accenture has previously invested in other robotics areas, for example, through Accenture Alpha Automation, a recently formed joint venture with Japanese robotics leader Mujin, and acquisitions of Eclipse Automation in Canada and Pollux in Brazil.

Sanctuary AI is the latest company to join Accenture Ventures’ Project Spotlight, an engagement and investment program that connects emerging technology startups with Accenture’s Global 2000 client base in order to fill strategic innovation gaps. Project Spotlight offers extensive access to Accenture’s domain expertise and enterprise clients, helping startups harness human creativity and deliver on the promise of their technology.

“AI-powered humanoid robots are essential to reinventing work and supporting human workers as labor shortage is becoming an issue in many countries and industries,” said Joe Lui, Accenture’s global advanced automation and robotics lead. “Sanctuary AI’s advanced AI platform trains robots to react to their environment and perform new tasks with precision in a very short time. We see huge potential for their robots in post and parcel, manufacturing, retail, and logistics warehousing operations, where they could complement and collaborate with human workers and automate tasks that traditional robotics can’t.”

Sanctuary AI’s general-purpose robot Phoenix, recently recognized as one of TIME magazine’s “Best Inventions of 2023,” can perform a multitude of work tasks.

Phoenix is powered by the company’s AI control system, Carbon, which mimics subsystems found in the human brain, such as memory, sight, sound, and touch, and translates natural language into action in the real world.

“Robots with human-like intelligence will completely transform the workforce of the future. By combining Accenture’s expertise in disruptive technology with Sanctuary AI’s industry-leading robotics, we can help some of the biggest companies in the world manage this change and provide the best solutions for its clients,” said Geordie Rose, chief executive officer and co-founder of Sanctuary AI.

For more information about this news, visit www.accenture.com.

KMWorld Covers
Free
for qualified subscribers
Subscribe Now Current Issue Past Issues