Originally published on AI Tech Connect.
At a glance SAP SE announced on 4 May 2026 it will acquire Prior Labs, the creator of the TabPFN tabular foundation model series. Capital commitment: more than €1 billion over the next four years to scale Prior Labs into a "globally leading frontier AI lab" for structured data. Structure: Prior Labs continues to operate as an independent entity. Deal terms are not disclosed. Founders: Frank Hutter, Noah Hollmann and Sauraj Gambhir — the team behind the TabPFN paper published in Nature. Close: expected Q2 or Q3 2026, subject to regulatory approvals. Strategic frame: SAP also acquired Dremio around the same time. Read together, this is a deliberate enterprise AI data-stack consolidation — lakehouse plus tabular intelligence sitting under S/4HANA and Business Technology Platform. Pro tip If…
