An index of frontier and emerging AI labs.
Foundation models & agents
Tabular foundation models lab — TabPFN family for structured enterprise data. SAP announced acquisition in May 2026 with a €1B (~$1.16B) four-year investment commitment to scale Prior Labs into a European frontier AI lab.
| Name | Prior Labs |
|---|---|
| Space | Foundation models & agents |
| Founded | 2024 |
| Latest valuation | $1.16B (acq.)(confirmed) |
| Stage | — |
| Status | active |
| HQ | Freiburg |
| Founders | Frank Hutter, Noah Hollmann, Sauraj Gambhir |
| Website | https://priorlabs.ai |
| Careers | — |
| — | |
| X / Twitter | — |
| Date | Round | Amount ($M) | Valuation | Confidence |
|---|---|---|---|---|
| — | — | — | $1.16B (acquired) | reported |
No founders recorded yet. Submit info.
| Date | Type | Title | Source |
|---|---|---|---|
| 2026-06-03 | added | Prior Labs added to tracker Latest valuation: $1.16B (acquired). | — |
No sources cited.
| Lab | Valuation | Founded |
|---|---|---|
| Character.AI | — | 2021 |
| MBZUAI / Institute of Foundation Models | — | 2019 |
| Perplexity | $20B | 2022 |
| Sierra | $15B | 2023 |
| MiniMax | ~$11.5B | 2021 |
| Zhipu AI | ~$6.6B (mkt cap) | 2019 |
| Hark | $6B | 2025 |
| StepFun | ~$6B | 2023 |