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SAP Sap SE

176.38
0.58 (0.33%)
19 Jun 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Sap SE TG:SAP Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.58 0.33% 176.38 176.14 176.62 176.54 174.80 176.02 17,619 22:50:02

SAP Names Microsoft's Walter Sun as Head of Artificial Intelligence

01/09/2023 1:52pm

Dow Jones News


Sap (TG:SAP)
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From Jun 2023 to Jun 2024

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   By Mauro Orru 
 

SAP appointed Microsoft's Walter Sun as global head of artificial intelligence, a move that underscores the business-software company's efforts to secure a larger share in this fast-growing market.

The Walldorf, Germany-based software group said that Sun had joined SAP on Friday from his role as vice president of Copilot Applied Artificial Intelligence for business applications at Microsoft.

"AI has never been more important. I believe at SAP, we have a unique opportunity to fundamentally change the way in which companies operate, using AI on a much larger scale in business practices than ever before," Sun said.

Recent advancements in generative AI--shown by the popularity of OpenAI's ChatGPT, Microsoft's Bing and Google's Bard chatbots--sparked a wave of investments from tech companies as they jockey for position in a rapidly evolving market that looks set to revolutionize the future of human labor.

SAP in July announced direct investments in three generative AI companies, namely Aleph Alpha, Anthropic and Cohere.

 

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

 

(END) Dow Jones Newswires

September 01, 2023 08:37 ET (12:37 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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