10 AI News Updates Making Headlines Right Now

7. SAP SE (NYSE:SAP)

Number of Hedge Fund Holders: 36

SAP SE (NYSE:SAP) is a technology company that offers applications technology for finance, risk and project management, procurement, manufacturing and supply chain. It is one of the stocks moving higher amid the artificial intelligence frenzy and spending spree. On February 3rd, the company unveiled a new range of customers and go-lives, affirming strong demand for its cloud and artificial intelligence solutions across Asia Pacific and Japan.

NTT DATA, a leading technology and business service company, is the latest to leverage the company’s RISE and SAP Business AI applications. India’s Premium Transmission Limited and Ashok Leyland India have also chosen GROW with SAP and SAP Business AI. The growing clientele base comes as SAP pursues 400 embedded AI use cases, boosting productivity by up to 30%. According to SAP ASIA Pacific president Paul Marriott, AI is increasingly moving from hype to reality for SAP SE (NYSE:SAP) customers.