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SAP SE, Europe’s largest software firm, has experienced unprecedented growth in its cloud services, fueled by the rapid advancement of artificial intelligence. Dominik Asam, SAP’s Chief Financial Officer, attributes this growth to AI’s transformative power, which has significantly boosted the company’s cloud revenue. Asam notes that AI has propelled the company’s transformation to the cloud, resulting in record growth in cloud revenue and a diverse range of AI-powered use cases driving adoption.