Friday, 24 March, 2023

Intel buys Israeli chipmaker Habana Labs to power data centre push

<p>California headquartered chipmaker Intel has acquired Habana Labs, an Israeli startup for $2 billion to boost its AI chips for data centres. Founded in 2016, Habana is an AI chipmaker firm that aims to improve the processing performance and power consumption of chips and lower the costs of producing them. With this acquisition, Intel will strengthen its AI portfolio and accelerate its efforts in the nascent, fast-growing AI silicon market.</p>