Accenture (ACN) said Thursday it has invested in the retail technology company Profitmind and has entered into a strategic partnership with the company.
Financial terms of the investment, made via Accenture Ventures, were not disclosed.
Profitmind has developed an agentic artificial intelligence platform to help retailers automate pricing, inventory and planning decisions, Accenture said, adding that the investment and partnership will further expand its existing data and AI capabilities.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.