Intel buys AI startup Habana Labs for $2 billion

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.

Copyright Reuters, 2019

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