SAP reports Q1 revenue up 6% YoY to €9.56B, vs. €9.53B est., non-IFRS operating profit up 17% YoY to €2.87B, and cloud revenue up 19% YoY to €5.96B
Mistral and Accenture sign a multi-year deal to let Accenture deploy Mistral's models for its clients; Mistral has deals with IBM, Cisco, SAP, ASML, and others
Accenture is added to its list of major clients at a critical juncture in the AI race — Mistral AI struck an agreement …
Sources: SAP investors and partners raise doubts about the company's AI products; VW tested SAP's flagship AI assitant Joule and did not find it mature enough
SAP SE's investors and partners are raising doubts about a suite of artificial intelligence products that Europe's …
Checkbox, an AI startup that aims to automate legal intake, raised a $23M Series A led by Touring Capital; Checkbox has 100+ clients, including SAP and PepsiCo
Checkbox, an AI startup that aims to automate legal intake, raised a $23M Series A led by Touring Capital; Checkbox has 100+ clients, including SAP and PepsiCo
Checkbox, an Australian-founded AI startup that wants to build an AI ‘front door’ for in-house legal teams, will use the cash to build out its automated workflows.
SAP reports Q4 revenue up 3% YoY to €9.68B, adjusted operating profit up 27% to €2.83B, and forecasts 2026 cloud revenue to grow 23%+ to €25.8B; SAP falls 14%+
SAP SE shares fell the most in more than five years as current cloud backlog in the fourth quarter slipped …
SAP reports Q3 revenue up 7% YoY to €9.08B, cloud revenue up 22% to €5.29B, below €5.33B est., and current cloud backlog up 23% to €18.84B
Christina Kyriasoglou / Bloomberg :
OpenAI partners with SAP to launch OpenAI for Germany, bringing its AI tools to Germany's public sector through SAP's Delos Cloud
a partnership to bring frontier AI to Germany's public sector, through a sovereign, certified cloud environment. Built on SAP's Delos Cloud and running on Microsoft Azure, this new initiative will hel...
SAP, whose cloud sales are set to reach €22B this year, nearly triple 2019 levels, faces competition from other tech giants as it targets AI apps for the future
SAP has to pivot with cloud growth set to slow — Christian Klein jogs onto the stage at SAP SE's annual sales conference …
The EU launches an antitrust probe into SAP over its ERP software maintenance and support services, with a potential fine of ~10% of its annual global sales
The European Commission has opened an investigation into possible anticompetitive practices by Germany's SAP (SAPG.DE) …