{
Christian Klein

People

}

SAP CEO warns Europe against overregulating artificial intelligence to stay competitive

Christian Klein, Co-CEO of SAP, cautioned against overregulating AI in Europe, arguing it could hinder the region's competitiveness against the U.S. and China. He emphasized the importance of focusing on the outcomes of AI technology rather than imposing strict regulations, particularly for startups. Klein also highlighted SAP's strong financial performance, with a 9% revenue increase in the third quarter, driven by cloud product sales.
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Euro Concur SAP SE DEU USA Christian Klein Joe Biden
Technology & Innovation, News Article
14:11 22.10.2024
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