A few days ago the rumor appeared that Intel I was highly interested in the Israeli company Habana Labs. This company specializes in the development of processors specially designed for AI and Deep Learning. It recently even managed to raise $ 75 million to expand its development capacity. Intel is now taking over the company for $ 2.000 billion.
The artificial intelligence market is one of the most important today and one that could grow the most in the future. NVIDIA is one of the most innovative and leading companies in this field offering GPUs with dedicated hardware for AI. The company offers the Tensor Cores that they are developing for machine learning.
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Intel acquires Habana Labs
Israel's Havana Labs company raised $ 75 million from investors. This year it has been acquired for 2.000 billion dollars by Intel. It is not that it is an absurd figure and it is that Havana Labs' income forecast for 2019 is 3.500 billion dollars. There are estimates that put it at a value of 25.000 million dollars by the year 2024.
This acquisition advances our artificial intelligence strategy, which is to provide customers with solutions to meet all performance needs, from the smart edge to the data center. More specifically, Habana loads our AI offerings for the data center with a family of high-performance training processors and a standards-based programming environment to address evolving AI workloads.
Navin Shenoy, Intel General Manager of the Data Platforms Group
Despite the fact that Habana Labs has been acquired by Intel, it will continue to operate independently. No changes have been foreseen in terms of the developer team, possibly on the contrary, we will seek to incorporate people. In addition, the Israeli company is empowered by the patents and technologies of the American company.
Source: KG
