SAP SE (SAP) Expands Joule AI, Teams Up With Palantir and Perplexity
From Yahoo Finance: 2025-05-21 14:39:00
The U.S. recently warned against using advanced computer chips from China, prompting China to demand the correction of these measures. China’s Ministry of Commerce criticized the U.S. for abusing export control measures, leading to discriminatory restrictions on Chinese chip products. The U.S. Commerce Department issued guidance last week alleging violations of export controls in the development of these chips. China condemned the restrictions as harmful and vowed to protect its rights. In response to U.S. actions, China threatened to take resolute measures to safeguard its interests and urged collaboration to uphold trade agreements.
SAP SE announced significant AI innovations at the SAP Sapphire event in Florida, introducing Joule AI enhancements to boost business productivity by up to 30%. The collaboration with Perplexity enables solving complex business problems, while the partnership with Palantir supports cloud migration. SAP’s Business Data Cloud offers real-time data insights for decision-making, with an expanded library of Joule Agents enhancing autonomous actions. The company aims to drive digital transformations and deliver customer value through AI innovations, positioning itself as a key player in the AI stocks landscape.
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