German software titan SAP has agreed to acquire Freiburg-based Prior Labs, which develops tabular foundation models designed to analyse business data in tables and spreadsheets, for an undisclosed sum.
News
May 4, 2026
SAP agrees to acquire German AI startup Prior Labs
The startup raised €9m in early 2025 and will receive more than €1bn in investment in the next four years
2 min read
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