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SAP Cloud Business Revenue Exceeds Expectations, Ongoing AI Transformation Challenges Continue to Test Market Confidence | Earnings Report Insights

SAP Cloud Business Revenue Exceeds Expectations, Ongoing AI Transformation Challenges Continue to Test Market Confidence | Earnings Report Insights

``` SAP SE's first-quarter cloud business revenue exceeded analysts' expectations, but uncertainty around its artificial intelligence strategy continues to worry investors. On Thursday, SAP announced first-quarter cloud business revenue of 5.96 billion euros (about $7 billion), slightly above Bloomberg's average analyst forecast of 5.9