SAP to invest €1 billion into German AI startup Prior Labs over four years, also authorizes Nvidia's NemoClaw agent technology

SAP announced its intention to acquire German AI startup Prior Labs, pending regulatory approval, and plans to invest €1 billion (approximately $1.16 billion) into the business over the next four years. Prior Labs, co-founded 18 months ago by Frank Hutter, Noah Hollmann, and Sauraj Gambhir, focuses on tabular foundation models—AI models that make predictions from data in tables and databases.

SAP had previously blocked OpenClaw and other unauthorized agent technologies from accessing its products through its API, but has authorized use of NemoClaw, Nvidia's agent toolkit competitor, because SAP's Joule Agents (still in beta) supports Nvidia's Agent Toolkit, which is the foundation for NemoClaw.

Prior Labs' TabPFN model series has been downloaded over three million times in open source form. In February 2025, the startup had raised $9.3 million in a pre-seed funding round led by Balderton Capital.