SAP bets $1.16B on 18-month-old German AI lab and says yes to NemoClaw

TechCrunch
SAP is acquiring German AI startup Prior Labs and investing $1.16 billion to advance structured data AI models while restricting third-party agent access.

Summary

SAP has announced the acquisition of Prior Labs, an 18-month-old German AI startup specializing in tabular foundation models (TFMs) that analyze structured business data. SAP plans to invest $1.16 billion into the new lab over four years to integrate these models across its enterprise software portfolio. This strategic move aims to leverage structured data rather than just language models, while SAP concurrently implements strict API policies that restrict unauthorized AI agents while endorsing specific tools like NemoClaw.

(Source:TechCrunch)