Intel may buy another AI chip developer, Habana Labs

Intel is in advanced talks to buy AI chip developer Habana Labs for as much as $2 billion, according to an unnamed source that spoke to Calcalist. Habana Labs is based in Israel. Intel bought Mobileye, a company focused on autonomous driving also based in Israel, in 2017 for $15 billion. Intel wouldn't comment on the possible transaction, and Habana Labs did not respond to a request to comment. The company was founded in 2016 to develop processor platforms for training deep neural networks and inference deployment.