Accenture beats estimates on AI demand, but shares slide on outlook

Core Insights - Accenture reported stronger-than-expected first-quarter results driven by increased demand for artificial intelligence-led IT services as clients are increasingly adopting automation and machine learning solutions [1] Group 1 - The company experienced a significant rise in demand for its services, particularly in the area of artificial intelligence [1] - Clients are increasingly turning to automation and machine learning, which is positively impacting Accenture's performance [1]