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Intel Acquires AI Chip Startup Habana for $2 Billion

By Kevin McLaughlin
· · Source: The Information

Intel is acquiring Habana Labs, an Israel-based maker of chips used in artificial intelligence projects, for $2 billion. It’s the latest in a series of major AI deals for Intel, which is trying to catch up with market leader Nvidia with chips that promise better performance and lower power consumption.  Habana’s chips are similar to those of Nervana, an AI chip startup Intel acquired in 2016,...

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