Enterprise software giant acquiring Dremio and Prior Labs.
“Conduct $60M Series A co-led by Index and Iconiq; SAP participating. Ingests enterprise system code, configurations, and integrations.”
“SAP announced a new API policy that literally said all AI agent access was banned, except in a way specifically approved by SAP... It just shows how extreme the reaction of some of these companies has been.”
Source→“SAP also announced plans to invest €1 billion in Prior Labs over four years. SAP acquiring Dremio and Prior Labs.”
“SAP also announced plans to invest €1 billion in Prior Labs over four years.”
“Eight of the fifteen companies attack regulated, legacy-software verticals (ERP, procurement, lending, insurance, SAP environments, home care), replacing systems-of-record workflows with AI-native software.”
“The pattern: pick an industry where Workday, SAP, or Oracle still rule, then automate the human layer sitting on top.”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.