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Fortune

Will Daniel

SAP’s CFO says AI is becoming a 'winner takes it all game’—and a top Wall Street investor agrees

SAP Fortune Rick Rieder BlackRock

(Credit: Uwe Anspach/picture alliance—Getty Images)

Good morning. Fortune senior reporter Will Daniel here, subbing in for Sheryl Estrada.

The AI arms race is heating up, and that may be bad news for many smaller companies. In a recent interview with Fortune, Dominik Asam, CFO of the German software giant SAP, described how larger companies’ data advantage could produce a haves and have-nots landscape.

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