{"id":99826,"date":"2019-12-16T17:43:18","date_gmt":"2019-12-17T01:43:18","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2019\/12\/intel-buys-ai-chipmaker-habana-for-2-billion"},"modified":"2019-12-16T17:43:18","modified_gmt":"2019-12-17T01:43:18","slug":"intel-buys-ai-chipmaker-habana-for-2-billion","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2019\/12\/intel-buys-ai-chipmaker-habana-for-2-billion","title":{"rendered":"Intel buys AI chipmaker Habana for $2 billion"},"content":{"rendered":"<p style=\"padding-right: 20px\"><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/intel-buys-ai-chipmaker-habana-for-2-billion2.jpg\"><\/a><\/p>\n<p>Intel this morning<a href=\"https:\/\/newsroom.intel.com\/news-releases\/intel-ai-acquisition\/#gs.mourb2\"> issued a statement<\/a> 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.<\/p>\n<p>In July, Habana announced <a href=\"https:\/\/techcrunch.com\/2019\/06\/17\/habana-labs-launches-its-gaudi-ai-training-processor\/\">its Gaudi AI training processor<\/a>, 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 AI market. The company clearly doesn\u2019t want to repeat past mistakes like missing the boat on mobile.<\/p>\n<p>So far, the strategy looks like it just may pay off, giving Intel a marked advantage in a category it notes will be worth around $24 billion by 2024. In 2019 alone, Intel notes, the company expects to generate in excess of $3.5 billion in \u201cAI-driven revenue,\u201d a 20% increase over the year prior.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-99826","post","type-post","status-publish","format-standard","hentry","category-robotics-ai"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/99826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=99826"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/99826\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=99826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=99826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=99826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}