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SAP is making a significant move into frontier artificial intelligence, announcing plans to acquire Prior Labs and establish what it's calling a major AI research presence in Europe. It's a signal that legacy enterprise software giants aren't content to watch the AI race from the sidelines.
Meanwhile, Katie Haun's venture firm has closed a one billion dollar fund aimed squarely at the intersection of crypto infrastructure and AI agents — systems designed to transact autonomously on behalf of users. It's a big bet that the next wave of AI won't just answer questions, it'll spend money.
And GameStop is back in the headlines, this time with a proposed fifty-five point five billion dollar bid to acquire eBay. The move raises an immediate question about the company's three hundred sixty-eight million dollar bitcoin position — whether that stash gets liquidated to fund what would be a remarkable pivot from video game retailer to e-commerce giant is something analysts are watching closely.
Three very different companies, one shared theme: everyone is repositioning for a future that still hasn't fully arrived. Keep surfing. Tech Beat out.
