Software giant SAP upgrades outlook as CFO says DeepSeek is 'good news'
German tech giant SAP on Tuesday upgraded its financial outlook for the full year as artificial cloud computing and artificial intelligence operations fueled growth.Europe's largest software maker now expects operating profit on a constant currency basis in 2025 to be between 10.3 billion euros ($10.7 billion) to 10.6 billion euros, up from a previous target of 10.2 billion euros. The firm also expects an acceleration in cloud revenue growth.Adjusted operating profit rose 25% to 8.15 billion euros in 2024, ...