15 AI News That Broke The Internet

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13.  SAP SE (NYSE:SAP)

Number of Hedge Fund Holders: 36

SAP SE (NYSE:SAP) is a leader in ERP software that leverages artificial intelligence to enhance its enterprise resource planning (ERP) solutions. On December 3rd, SAP SE (NYSE:SAP) and Amazon announced the launch of GROW with SAP on AWS, a comprehensive cloud ERP solution that will enable customers to rapidly deploy SAP’s enterprise resource planning (ERP) solution while leveraging the reliability, security, and scalability of the most widely adopted cloud. The solution will integrate SAP’s enterprise resource planning (ERP) expertise with AWS’s robust cloud infrastructure, allowing organizations to modernize their operations and unlock new business opportunities. The integrated solution simplifies ERP adoption by cutting costs and deployment time so that businesses can set up in months without upfront expenses. It also integrates AWS’s generative AI tools like Amazon Bedrock and SAP’s Joule for smarter, AI-powered operations.

“Our collaboration with AWS will provide customers of all sizes a simplified path to deploy cloud ERP with powerful automation and insights via Joule embedded across our business applications. Today’s announcement will allow customers to transform in the cloud more easily with the proven security, reliability, and availability of AWS. By using Amazon Bedrock via the generative AI Hub from SAP, customers can unlock even more business AI innovation”.

– Muhammad Alam, member of the executive board of SAP SE, SAP Product Engineering.

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