The JV will be 60% owned by Accenture and 40% by Telstra, an Australian technology and telecommunications company.

Telstra and Accenture have proposed a joint venture (JV) to accelerate the former’s data and AI roadmap to further extend its network leadership, improve customer experience, and help its teams operate more efficiently and effectively.

Australian telco is forming an AI venture with global consultancyBoth companies will contribute staff and funding to the venture, which will be majority-owned