Intel Buys Israeli Deep Learning Accelerator Company for $2B to Shore Up AI
Intel acquired Habana Labs, an Israel-based developer of programmable deep learning accelerators for data centers for about $2 billion, Intel said Monday (see personals section). It said the acquisition strengthens Intel's artificial intelligence portfolio and will help energize its efforts…
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in AI silicon, a market it predicts will top $25 billion by 2024.