Top 11 AI News Updates on Wall Street’s Radar

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9. SAP SE (NYSE:SAP)

Number of Hedge Fund Holders: 27

SAP SE (NYSE:SAP) is a software company offering enterprise applications and AI solutions that help organizations run their businesses profitably. It also integrates AI into its solutions to enhance data analysis and optimize campaign performance. The company received a significant boost on March 20 after DataRobot, a provider of AI, strengthened its strategic partnership.

DataRobot has since launched AI applications for finance and supply chain operations, taking advantage of SAP SE’s (NYSE:SAP) business context. The solutions have been preconfigured for SAP solutions, empowering AI teams to deliver life-of-business AI solutions. The application suites ensure businesses obtain AI-driven insights within their current workflows by leveraging the rich business data found throughout the SAP solution landscape, including SAP S/4HANA and SAP Datasphere.

“Our expanded partnership with DataRobot will bring AI-powered insight apps to SAP customers across industries and lines of business—enabling them to rapidly adopt AI, enhance decision-making, optimize operations, and drive business transformation at scale. Together, we are empowering organizations across industries to accelerate AI adoption and achieve real business impact with enterprise-grade AI solutions,” said Irfan Khan, President and Chief Product Officer for SAP Data and Analytics.

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