Intel buys AI startup Habana Labs for $2 billion

As PC sales have stagnated, Intel has increasingly been depending on its sales to data centers, which provide behind-the-scenes computing power for mobile and web-based apps. “More specifically, Habana turbo-charges our AI offerings for the data center with a high-performance training processor family and a standards-based programing environment to address evolving AI workloads,” Navin Shenoy, general manager of Intel’s data platforms group, said in a statement. …read more

Source:: Yahoo Finance

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