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A nervous Dassault is spending $2bn on AI, in the division dragging it down — Blankdot

thenextweb.com1 week ago

A nervous Dassault is spending $2bn on AI, in the division dragging it down

A nervous Dassault is spending $2bn on AI, in the division dragging it down

Dassault Systèmes is one of Europe’s largest software companies, and it is having an anxious year. Its shares are down about a quarter this year. It pushed out its chairman in February. And investors worry that a new wave of AI could hollow out its main business. Its answer, announced on Thursday:…

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