Intel acquires Habana Labs: Intel put a heavy bet on Artificial Intelligence today. In a press-release, the company announced the acquisition of Habana Labs, a company founded and based in Caesarea, Israel. The deal was worth “approximately $2 billion”.
To push its artificial intelligence strategy, Santa Clara-based Intel has acquired Israel’s Habana Labs for “approximately $2 billion dollars.”
Source: Intel’s Latest Swing At AI Is A $2 Billion Deal From Israel