Everyone wants a piece of the enterprise AI pie, and this week, we saw a string of companies making their moves. From Anthropic and OpenAI announcing new joint ventures targeting enterprise AI deployment to SAP dropping $1B…
SAP plans to buy German AI startup Prior Labs and invest heavily in it. It is also prohibiting customers’ agents use to a select few like Nvidia’s NemoClaw.
SAP has agreed to acquire Prior Labs, a Freiburg-based startup developing AI foundation models for tabular and structured business data, for an undisclosed sum. SAP will invest more than €1 billion over four years to scale the company globally, while Prior Labs continues to operate independently. Founded in 2024 and backed by Balderton Capital, Atlantic […]