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SAP ACQUIRES DREMIO, INVESTS €1B IN AI LAB

SAP is acquiring Dremio, an open data lakehouse provider, and committing €1 billion over four years to establish Prior Labs as a frontier AI research facility.

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SAP to acquire Dremio, an open data lakehouse provider, and Prior Labs, which it pledges to invest €1B in over four years, hoping to create a frontier AI lab (Larry Dignan/Constellation Research)

Larry Dignan / Constellation Research: SAP to acquire Dremio, an open data lakehouse provider, and Prior Labs, which it…

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