SAP invests $1.16 billion in German AI lab Prior Labs and restricts agent use

techcrunch.com

SAP is acquiring German AI startup Prior Labs for an undisclosed sum and investing $1.16 billion over four years to develop AI for structured data. The company aims to grow Prior Labs into a leading AI lab focused on tabular foundation models, which are suited for enterprise data. SAP is also restricting third-party AI agents' access to its products. SAP customers will be authorized to use Nvidia's NemoClaw agents, while other unauthorized agents are prohibited, reflecting SAP's cautious approach to agentic AI.


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SAP invests $1.16 billion in German AI lab Prior Labs and restricts agent use | News Minimalist