Intel acquires AI chip startup Habana Labs for $2 billion
December 16, 2019
In a clear signal of its ambitions for the $91.18 billion AI chip market, Intel this morning announced that it has acquired Habana Labs, an Israel-based developer of programmable deep learning accelerators for data centers. The deal is worth approximately $2 billion, and Intel says it’ll strengthen its AI strategy as Habana begins to sample its proprietary silicon to customers.
Habana will…