•1 min read•from TechCrunch
SAP bets $1.16B on 18-month-old German AI lab and says yes to NemoClaw
Our take
SAP is making a bold move by investing $1.16 billion in the 18-month-old German AI lab, Prior Labs, signaling a strong commitment to advancing AI capabilities. This strategic acquisition aims to enhance SAP's innovative solutions while ensuring customers have access to cutting-edge technology. In conjunction with this investment, SAP is also restricting the use of certain AI agents, permitting only select platforms like Nvidia's NemoClaw.
SAP plans to buy German AI startup Prior Labs and invest heavily in it. It is also prohibiting customers' agents use to a select few like Nvidia's NemoClaw.
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