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SAP invests in AI automation startup n8n, valuing it at $5.2 billion
According to Beating Monitoring, Bloomberg reports that Europe’s largest software company SAP is investing in the workflow automation platform n8n, this investment doubling the startup’s valuation to $5.2 billion.
This move is also part of the German software giant’s ongoing expansion in the artificial intelligence field.
SAP has also signed a multi-year partnership agreement with n8n to embed n8n’s tools into its AI agent building platform Joule Studio. The company announced this news in a statement on Tuesday.