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Intel buys Israeli AI chip startup for $2B

The deal, rumored earlier this month, adds Habana’s training processors and software lines to Intel’s increasingly important AI-focused data center business. Habana will remain an independent business led by its existing management team. It will report to Intel’s Data Platforms Group.

Habana’s Chairman Avigdor Willenz will become a senior adviser to the business and to…

Source: The Business Journal

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