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Prior Labs News
AI in Analytics & BI2 articles
Latest news, updates, and announcements from Prior Labs.
AcquisitionJul 17, 2026
Prior Labs exits to SAP for €1B+ after 18 months, defining tabular foundation models for enterprise
Berlin-based frontier AI lab Prior Labs announced today that SAP has acquired the company with more than €1 billion in backing, just 18 months after its founding. The deal, which includes infrastructu...
AcquisitionJul 11, 2026
SAP Acquires Prior Labs in €1B Bet on Tabular Foundation Models
SAP has agreed to acquire Prior Labs, a two-year-old German AI startup specializing in tabular foundation models, for over €1 billion over four years. Founded in 2024 by Frank Hutter, Noah Hollmann, a...