(MT Newswires) -- Christian Klein, CEO of SAP SE, announces that the company will invest more than $1 billion in artificial intelligence (AI) over the next two years. The aim of this initiative is to strengthen automation and increase operational efficiency. He assures that, despite the increased adoption of automation, SAP does not anticipate a reduction in its workforce. Strategic partnerships with leading companies such as Google, Aleph Alpha, Anthropic, Cohere and Nvidia demonstrate SAP's commitment to co-innovate and develop AI solutions. He expects the cloud business to grow in 2024, driven by strong customer demand for cloud solutions, with an impressive cloud order book of more than $44 billion.

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