SAP trims 2026 profit goal, signalling cost of AI push

SAP ​trimmed its 2026 operating profit outlook on Thursday ​as recent AI-focused data acquisitions weighed on earnings, showing the near-term cost for enterprise software makers of adapting their products for artificial intelligence. The ‌German company ⁠cut its ⁠2026 non-IFRS operating profit outlook to 11.8 billion-12.2 billion euros, from ​11.9 billion-12.3 billion euros, citing a more than 100 million euro ($113.76 ​million) dilutive impact from its Dremio and Prior Labs acquisitions.