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Siemens profits soar on software demand, AI 'boom'
SIEGYSiemens(SIEGY) Techxplore·2024-08-08 21:20

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Siemens CEO Roland Busch said the German group was 'benefiting from the boom in artificial intelligence' German industrial giant Siemens said Thursday its quarterly profits jumped sharply, driven by demand for production software as well as the "boom" in artificial intelligence and customers upgrading power grids. Net profit was ...