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Stock impact report

Europe should focus on industrial AI, SAP says [Yahoo! Finance]

SAP SE ADS (SAP) 
Last sap se ads earnings: 4/21 01:00 am Check Earnings Report
US:NYSE Investor Relations: sap.com/investors/en.html
Company Research Source: Yahoo! Finance
Europe should focus on competing in industrial AI, a top executive at German software giant SAP said, as the continent plays catch-up in the race for the cutting-edge technology against the United States and China. Artificial intelligence for use in industry is "where I believe Europe can succeed big time around the globe", Thomas Saueressig, a board member at the continent's biggest software maker, told AFP in an interview. This was because of "the industrial knowledge and the industrial data and competency we have in Europe", he said at the company's headquarters in Walldorf, southwest Germany. Europe is seen as lagging behind the world's top two economies in the strategic sector: the US with major players from OpenAI to Google, and China, which has a buzzing AI scene and hosts influential labs such as DeepSeek. But fraying ties with Beijing, which Europe accuses of engaging in unfair trade practices, and the United States under President Donald Trump have given the contine Show less Read more
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