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SAP CEO launches rallying cry for Europe over AI


SAP CEO Christian Klein, pictured May 16, 2024, says he would support a $500 billion Stargate Europe.

Alex Grimm | Getty Images News | fake images

US President Donald Trump recently announced Project Stargate (a $500 billion investment in US AI infrastructure) should be a “wake-up call” for Europe, according to the CEO of one of the region’s largest tech companies.

Asked Thursday about the project, backed by OpenAI, SoftBank and Oracle and led by the Trump administration, SAP CEO Christian Klein said it should be an example for Europe.

“It’s the right move and it’s also about making the government more productive,” he said. “Look at Europe, we always complain about regulations about too many AI laws… It’s a great role model for Europe.”

Klein added that he would “absolutely support” a Stargate project for Europe.

“We do business with all public sectors around the world, of course we would appreciate it in Europe,” he told CNBC’s Karen Tso and Steve Sedgwick. “From my point of view, Europe needs it the most.”



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