Siemens CEO Roland Busch is launching a reorganization of the German industrial behemoth to mesh its digital and real-world products, part of a push to lift profitability closer to the elevated returns reaped by tech companies

Siemens CEO Roland Busch says AI has a property that makes it unusable in his industry: ask it the same question twice and you get two different answers. "We are living in a world where failure is not an option." "You cannot launch a design of a car or a product, manufacture it, send it to the field and find out it doesn't work. This is not an option. It costs you so much money." "So each step from design to production, again to operation, has to be deterministic," he says, and has to meet safety and security requirements to the highest standard. "And think about it. When you ask AI a question today, the same question, you get different answers." "So this is not an option. You need an harness." His answer is that the deployable unit is not the model, but what you build around it: "You need domain know-how. You need a lot of data. And you need to have a kind of embedded harnesses which make sure that your models don't go off-road." He gives the example of uploading your product designs and asking AI for a new version. "You will get one. But eventually it will not work." His fix is a system that holds the contextualized data, plus physics-based simulation that "gives you always the boundaries. It works in the real world or it doesn't." He names Siemens' own Teamcenter as that system, and calls this "where I believe the monetization will take place" - his commercial bet, not a finding. When a wrong answer becomes a physical object, what matters is not the model's best answer but what constrains its worst one. - Roland Busch (@BuschRo), President and CEO of Siemens AG (@Siemens), with Marc Benioff at Dreamforce 2026.

French finance minister Roland Lescure suggested today that calls to slow down development of AI are a ploy by U.S. AI labs so they can stay in first place, and that France and Europe should ignore them and accelerate instead.

Nasdaq’s Roland Chai has been named one of @FinancialNews' 2026 Most Influential Leaders in European Finance, recognizing his leadership in European Market Services and his expanded role driving Nasdaq’s global tokenization strategy. Read more: