Intel reportedly in talks to buy AI unicorn

Intel reportedly in talks to buy AI unicorn

Business news |
By Peter Clarke

Calcalist referenced an unnamed source saying the deal valued Habana at between $1 billion and $2 billion. Habana was founded in 2016 and has launched its Goya inferencing processor chip and its Gaudi training chip.

If the deal goes through it is likely to be the biggest done by Intel since its 2017 $15 billion acquisition of another Israeli company, Mobileye.  In the AI space Intel also acquired Movidius and Nervana in 2016.

Habana has raised more than $120 million since its formation and in 2018 announced a $75 million series B round led by Intel Capital. The company was founded by David Duhan, CEO and Ran Halutz, vice president of R&D, who had worked together at PrimeSense and Ceva. The company’s CTO Schlomo Raikin was previously SoC architect at Mellanox and a project architect at Intel.

Related links and articles:

News articles:

Intel to launch “commercial” Nervana NN processor in 2019

Intel buys Movidius to ramp computer vision

Habana Labs: Goya deep learning inference platform

AI processor market to exceed $20 billion in 2019

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