Intel is presently performing negotiations to accumulate Israeli AI chip startup, Habana Labs, in line with an individual who spoke to Calcalist anonymously. If the deal realizes, Intel pays between one and two billion USD, making it Intel’s second-largest acquisition of an Israeli firm. When requested concerning the potential deal, the Intel spokesperson has said that the corporate won’t reply to rumors surrounding it, whereas Habana Labs has but to reply to a request for remark made by Calcalist.
Founded in 2016 by Israeli entrepreneur Avigdor Willenz, who based Galileo Technologies and Annapurna Labs, Habana Labs develops processors for coaching and inference of Machine Learning fashions. This acquisition would enable Intel to compete higher within the AI processor market and get new prospects which had been beforehand unique to Habana Labs.
