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Applied AI·July 17, 2026·1 min read

While everyone builds chatbots, SAP just closed a €1bn-plus bet on AI that understands your spreadsheets

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SAP closing its €1bn‑plus Prior Labs deal is a clear bet that tabular and structured‑data AI — not chatbots — will be the real lock‑in for enterprise workflows. If your product touches ERP, finance, or ops data, assume the incumbents will ship native “spreadsheet‑native” intelligence and plan your differentiation beyond a chat UI.

Applied AI

Sources: Meta is in talks to rent computing power from its data centers to Anthropic in a deal that could be worth ~$10B over two years

If a hyperscaler is ready to rent ~$10B of its own AI-tuned capacity to another lab, compute has crossed from internal moat to tradable commodity. For AI-heavy teams, this is a cue to treat compute like a multi-vendor market—negotiate harder, diversify providers, and model scenarios where your rivals can buy your supplier’s excess capacity.

Applied AI

Agentic AI is moving from drafting doctors’ notes to routing their patients. Bunkerhill just raised on it.

Bunkerhill’s $55m raise for Carebricks — agents that route patients and orchestrate hospital ops — shows healthcare is skipping straight from documentation to operational decision automation. Health systems and vendors need to treat this as workflow rewiring, not a UX layer: governance, liability, and integration into EHR and scheduling stacks become the hard problems.