https://techcrunch.com/2019/12/16/intel-buys-ai-chipmaker-habana-for-2-billion/

Intel this morning issued a statement noting that it has picked up Israeli AI chipmaker Habana labs. The deal, valued at around $2 billion, is the latest piece of some hefty investments in artificial intelligence that include names like Nervana Systems and Movidius.

In July, Habana announced its Gaudi AI training processor, which the Tel Aviv startup promised was capable of beating GPU-based systems by 4x. The company has been rumored to be a target for an Intel acquisition for a while now, as Intel looks to get out in front of the A.I. market. The company clearly doesn’t want to repeat past mistakes like missing the boat on mobile.