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Machine Learning3 min reading time

While everyone builds chatbots, SAP just closed a €1bn-plus bet on AI that understands your spreadsheets

The Next WebPublished Jul 17, 2026

SAP has completed its acquisition of Prior Labs, investing over €1 billion to integrate Prior Labs' tabular AI models that analyze structured enterprise data. Prior Labs' technology enhances SAP's capabilities in predictive analytics across various business applications, marking a significant European AI industry milestone.

#enterprise-ai #prior-labs #sap #structured-data #tabpfn

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