Germany’s SAP has completed its buyout of AI firm Prior Labs – a startup that specialises in models that operate on tabular data, or spreadsheets.
The ERP heavyweight swooped on the Berlin-based firm just 18 months after its launch. SAP founder Hans Werner-Hector had invested at seed stage.
Prior Labs has created a range of “tabular foundation models (TFMs)” that have been pretrained exclusively on “billions” of synthetic tasks, it said.
"Instead of re-optimizing weights for every new dataset, TabPFN encodes inductive biases, priors, and optimization strategies and applies them to your data via in-context learning. That means one forward pass → high-quality predictions in seconds," the AI lab says.
(A technical report on its TabPFN-3 model is here.)
