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Deutsche Telekom expects €2.5 billion in savings from AI by 2030
Original: Deutsche Telekom sees €2.5 billion in savings from AI, automation by 2030
Deutsche Telekom says it expects to save around €2.5 billion by 2030 through the use of artificial intelligence and automation across its operations. The German telecoms giant is one of the largest companies in Europe to put a concrete savings figure on AI-driven efficiency gains, a move likely to fuel ongoing debate about cost-cutting and job impacts in the sector.
Why now: The company publicly announced a large concrete savings target tied to AI and automation, a topic of wide interest given concerns about AI's effect on jobs and corporate costs.
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