Is Intel Considering Another AI Acquisition?

Rumors are rife that Intel is in talks to acquire Israeli AI accelerator startup Habana Labs. Intel is reportedly considering a purchase price of ranging anywhere from $1 billion to $2 billion, according to the Israeli publication Calcalist, who broke the story earlier this week. If it's true, it would be a surprising move, given that Habana competes with Intel acquisition Nervana. Nervana, based in San Diego, was purchased by Intel back in August of 2016 for a sum believed to be around $400 million. Intel acquired another AI chip startup, Movidius, the following month (Movidius' product line is aimed at computer vision in edge devices).