SAP (SAP GY) CEO says the Co. is pushing for an AI turnaround with new teams and use-based pricing, going to establish a unit with hundreds of people working on improving AI adoption

SAP (SAP GY) CEO says the Co. is pushing for an AI turnaround with new teams and use-based pricing, going to establish a unit with hundreds of people working on improving AI adoption.

SAP's CEO is signaling a strategic pivot towards artificial intelligence, indicating a commitment to enhancing AI adoption through dedicated teams and novel pricing models. This move could signify a significant shift in their business strategy, potentially increasing competitive positioning within the software sector and opening new revenue streams. Investors should consider the implications for growth and how this aligns with broader trends in AI investment and technology development.