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Intel Buys AI Chipmaker Habana Labs for $2 Billion

December 16, 2019

Deal comes a month after Intel demoed its Nervana AI silicon

Intel is buying Israeli company Habana Labs for $2 billion in an effort to bolster its efforts to develop processors for artificial intelligence (AI)-based data center workloads that can compete with Nvidia’s accelerators and the growing number of vendors building chips designed for AI and machine learning.