Hamburg/Germany – September 10, 2006: SAP logo in Hamburg, Germany – SAP is a multinational software company based in Germany.
SAP plans to add generative artificial intelligence (AI) and other AI tools to its offerings.
The enterprise application software company is working with OpenAI’s ChatGPT and plans to launch a product next month that includes its generative AI models, Reuters reported on Friday (21 April).
According to the report, SAP CEO Christian Klein said, “We’ve been researching ChatGPT for quite some time…we’ve built over 50 AI use cases with ChatGPT built into our technology. ‘ said.
As it develops these products, SAP works with customers, researchers and analysts to test its AI technology and eliminate bias and potential misuse, according to the report.
SAP did not immediately respond to PYMNTS’ request for comment.
As PYMNTS reported on April 3, the rise of generative AI models like ChatGPT is already and increasingly increasing the influence of chief financial officers (CFOs) within organizations.
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OpenAI said in March that large-scale language models (LLMs) like ChatGPT and next-generation software tools built on top of them could impact up to half of the tasks required for 19% of jobs in the United States. reported that there is
Jobs that already have a variety of software-driven tasks could face disruption from AI tools, but industries that rely on manual labor are likely to be least impacted, OpenAI said at the time. rice field.
The Reuters report, made on the same day that SAP released its earnings results for the quarter ended March 31, said cloud and software revenue increased 10%.
“We have entered a strong new phase in our strategic transformation,” Klein said in a statement. “Our cloud momentum continues at a fast pace, contributing to our strong revenue and double-digit non-revenue.[International Financial Reporting Standards (IFRS)] Operating profit growth for the quarter. ”
