Why does my Audi A8 make a screeching noise when I accelerate?

I've noticed that whenever I accelerate, my Audi A8 makes a loud screeching noise. It only happens when I first start driving, then the noise goes away after a few minutes. Is this cause for concern?

This screeching noise is most likely caused by worn or loose drive belts in your car's engine. These belts are responsible for powering important components such as the alternator and air conditioning compressor. It is important to have these belts checked and replaced regularly to avoid any potential damage to your engine.