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  • 16:49

    Intel buys Israeli articial-intelligence company for $2 billion

    Cyber giant Intel announced on Monday that it has acquired Tel-Aviv based Habana Labs for two billion dollars, about two weeks after negotiations were reported.

    Habana Labs develops programmable deep-learning accelerators for data centers. The three-year-old company will remain an independent business unit and continue to be led by its current management team.

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