Intel Corporation Advances AI Strategy With Acquisition of Habana Labs

Intel Corporation announced it has acquired Israel-based Habana Labs, a developer of programmable deep learning accelerators for the data center, for approximately $2 billion. “This acquisition advances our AI strategy, which is to provide customers with solutions to fit every performance need – from the intelligent edge to the data center,” said Navin Shenoy, EVP and GM of the Data Platforms Group at Intel. “More specifically, Habana turbo-charges our AI offerings for the data center with a high-performance training processor family and a standards-based programming environment to address evolving AI workloads.”

Related Topics: Tech

Related Stories

Cynopsis 05/29/26: The final season of “Stranger Things” was the most watched non-sports TV series during the last broadcast season.

Friday May 29, 2026 Good morning and welcome to Cynopsis — the media industry’s essential morning read. Looking for something new to watch? Emily Blunt shares her on-set experiences from “Mary Poppins” and other hit movies while facing off against the wings of death on the latest episode of “Hot Ones” on YouTube.    IN […]

Cynopsis 05/27/26: “Dutton Ranch” Smashes Launch Records

A CYNOPSIS MESSAGE FROM SCREENVISION Cinema Shows Up Week After Week. From iconic franchises to must-see originals, cinema delivers premium video with unmatched attention, scaled reach, and cultural impact. This past weekend proved it: Star Wars: The Mandalorian and Grogu generated ~8.8M impressions, while Obsession saw a +39% lift in impressions from opening weekend. Cinema […]

CynCity

Cynsiders

Instagram