Intel buys artificial intelligence company habana labs

Today the news came out that Habana Labs has been bought by Intel. We tell you how the operation has been inside.

Habana Labs is a very important Israeli company in the artificial intelligence sector. So, Intel has not hesitated to progress and take over that sector acquiring one of the best companies dedicated to it. It is clear that Intel welcomes artificial intelligence, a fact that we already knew with the output of the Nervana Neural Network processors.

A $ 2 billion acquisition

The artificial intelligence sector will experience great importance in the future. You just have to see how brands like AMD, Nvidia or Tesla have invested millions of dollars. In this regard, Intel has estimated that the AI ​​market will be worth $ 25 billion in 2024.

Intel's goal is to be part of one of the Big Three in that sector, so it was crucial to buy the technologies developed by Habana Labs.

Intel Navon Shenoy's executive vice president and general manager of the data platform group made these remarks about the acquisition of Habana Labs.

The acquisition of Habana Labs represents an advance in our AI strategy, which is to provide consumers with solutions that fit any type of need.

Habana powers our data center AI offering with high-performance training for the processor family, as a standards-based programming environment to address evolving Artificial Intelligence workloads.

We know that customers are seeking to facilitate this technology with specially designed AI solutions. That is why we are excited to have an AI team of the caliber of Havana. Combining our expertise will deliver unmatched computing performance and AI workload efficiency in our data center.

Habana Labs will continue with its mission

Although it has been acquired by Intel, this company will continue its functions as an independent entity. You will only need to inform the Intel Data Platforms Group.

This company made a leap in quality in September 2018 with its GOYA processor and its successor GAUDI AI Training Processo r. In part, thanks to them, it managed to position itself as one of the most powerful companies in the AI ​​sector.

So far, it has several locations in Tel-Aviv (Israel), Beijing (China), Gdansk (Poland) and California (United States).

What do you think of this acquisition by Intel? Do you think Intel will become one of the most powerful companies in the sector?

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