AI specialists challenge software giants like SAP and Salesforce

The software industry is facing increasing competition from artificial intelligence specialists. While major players like SAP have recently reported quarterly results that provided some relief, new AI-driven companies are challenging established business models. Miivo AI, for instance, is positioning itself as a provider of AI-powered analytical tools specifically for small and medium-sized enterprises.

In the broader market, investors are monitoring whether current valuations for software and AI stocks remain sustainable amidst geopolitical tensions and high interest rates. While some indices reach record highs, technical indicators suggest potential risks for investors in sectors such as semiconductors and AI.