SAP’s n8n Bet Just Created Germany’s Most Valuable AI Startup
SAP has picked up a strategic stake in Berlin’s n8n, putting a $5.2 billion price tag on the AI workflow automation outfit and more than doubling its valuation inside of a year, according to n8n on Tuesday. The pair struck a multi-year commercial agreement as well, which will see n8n’s technology woven into Joule Studio, SAP’s AI agent builder for automating business tasks. Timing is key here. SAP wants to prove enterprise AI isn’t just for show—it can handle real-world work in finance, procurement, HR, and the supply chain, where a misstep has consequences and oversight is tight. Joule Studio is built into the company’s new Business AI Platform. According to SAP, this platform lets developers create agents, apps, and