SAP unveils Autonomous Enterprise model with more than 50 domain-specific AI assistants and expanded partnerships with NVIDIA, Anthropic, AWS, and Microsoft at Sapphire 2026 conference.

SAP introduced the Autonomous Enterprise model, centered on orchestrated, AI-driven business processes, including more than 50 domain-specific AI assistants and a unified AI governance framework across its core platforms for finance, supply chain, HR, and industry-specific processes.

The company launched Joule Studio 2.0, a new development environment for building and managing AI agents on its stack, and deepened partnerships with major AI and cloud providers including NVIDIA, Anthropic, AWS, and Microsoft.

SAP's stock trades at €142.4 versus a €216.48 analyst target (approximately 34% below consensus) and 43% below Simply Wall St's estimated fair value, creating a valuation gap investors may watch as AI-driven deals and cloud partner activity appear in future revenue and earnings figures.

Execution risk around integrating agentic AI across complex customer environments is flagged as a key consideration as expectations build around AI-related growth and adoption.