SAP Commits Over €1 Billion to AI Expansion with Acquisitions of Prior Labs and Dremio
SAP acquires Prior Labs and Dremio to accelerate its agentic AI strategy, committing over €1 billion to build a new Frontier AI Lab and unified data lakehouse.
SAP acquires Prior Labs and Dremio to accelerate its agentic AI strategy, committing over €1 billion to build a new Frontier AI Lab and unified data lakehouse.
Amazon launches Amazon Supply Chain Services, using AI logistics optimization to open its global network to all businesses, including P&G and 3M.
SAP acquires Prior Labs and Dremio to accelerate its agentic AI strategy, investing over 1 billion euros in a new European frontier AI lab for enterprise data.
IBM's 2026 study finds 76% of firms now employ a Chief AI Officer, marking a major shift in corporate governance and strategic AI trust.
Mistral AI Workflows launches as a durable orchestration layer for enterprise AI, featuring human-in-the-loop controls and OpenTelemetry support.
Anthropic joins Blackstone and Goldman Sachs in a $1.5 billion Anthropic AI joint venture to bring AI tools to private-equity-backed companies.
Coty partners with Pencil to launch a generative AI content system for real-time marketing across brands like CoverGirl and Rimmel starting July 2026.
LG and NVIDIA expand their partnership to integrate physical AI into CLOi robots and smart factories using NVIDIA Isaac and Omniverse platforms.
Citigroup launches the Arc AI operating system for 180,000 employees to automate research and scale AI agents across its global banking infrastructure.
HUMAIN ONE launches on AWS via a $5B partnership, offering an agentic OS to automate enterprise finance, HR, and procurement workflows globally.
ServiceNow shifts to usage-based pricing to monetize agentic AI and protect revenue from seat cannibalization as autonomous workflows transform the enterprise.
Cerebras Systems targets a $40 billion valuation for its $4 billion Cerebras Systems IPO on Nasdaq, fueled by a major OpenAI deal and WSE-3 technology.
The US Navy AI contract awards $99.7M to Domino Data Lab for Project AMMO, enhancing mine detection for unmanned underwater vehicles in critical shipping lanes.
Nebius acquires Eigen AI for $643M to enhance AI inference optimization and expand its Token Factory platform with MIT-led research talent.
NVIDIA and Atlassian lead a $50M extension for legal AI startup Legora, reaching a $5.6B valuation to automate legal workflows with advanced AI agents.