The CEO of $SAP (-0,32 %), Christian Kleindescribed the recently announced investment of 500 billion US dollars in the US AI infrastructure, the so-called Stargate project, as a "wake-up call for Europe". In an interview at the #wef2025 Klein called the project, which was initiated by OpenAI, $9434 (+0,66 %), $ORCL (-1,99 %) and led by the Trump Administration, "a great step". He explained that it was the right decision and would also help to increase government productivity. Klein pointed out that Europe often complains about regulations and too many AI laws, while the Stargate project is a good role model for Europe.
He added that he would "absolutely support".
"We work with all public sectors worldwide and of course we would welcome it in Europe as well"
"Europe needs it the most, from my point of view."
