Post by EU-Startups

Berlin-based frontier AI lab Prior Labs has been acquired by the multinational software company SAP, supported by more than €1 billion to fund infrastructure, hiring, and long-term frontier research 🇩🇪 🚀 Prior Labs will continue under its own brand, leadership, research agenda and customer relationships, publish its research and make its models openly available, with SAP’s support. All of this follows their €9 million pre-Seed round in 2025. “Eighteen months ago, Prior Labs was a research project,” says Frank Hutter, co-founder and CEO of Prior Labs. “Today we’re beginning our next chapter as an AI lab with the resources to tackle problems we simply couldn’t before. Taking tabular foundation models to the next level requires better data environments, deployment surfaces, and long-term research investment, and SAP is uniquely positioned to provide all of these.” https://lnkd.in/edSqjnDH