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83 Germany’s Prior Labs raises €1 billion and exits to SAP 18 months after being founded

EU-Startups
David Cendon Garcia @ EU-Startups 2 place · today 06:35 EDT

Germany’s Prior Labs raises €1 billion and exits to SAP 18 months after being founded

Berlin-based frontier AI lab Prior Labs today announced that the multinational software company SAP has completed its acquisition of the company, supported by more than €1 billion in investment from SAP in order to fund infrastructure, hiring, and long-term frontier research. Prior Labs will continue under its own brand, leadership, research agenda and customer relationships, ...

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