Intel Corp has acquired Israel-based artificial intelligence firm Habana Labs for about $2 billion, the chipmaker said on Monday, in a bid to strengthen its fast-growing data-centre business. As PC sales have stagnated, Intel has increasingly been depending on its sales to data centres, which provide behind-the-scenes computing power for mobile and web-based apps.
Those apps, in turn, rely on artificial intelligence for features like photo and speech recognition.
"More specifically, Habana turbo-charges our AI offerings for the data centre with a high-performance training processor family and a standards-based programming environment to address evolving AI workloads," Navin Shenoy, general manager of Intel's data platforms group, said in a statement. Habana will remain an independent business unit led by its current management team and report to Intel's data platforms group.
Comments
Comments are closed.