(Bloomberg) -- New Yorkers thinking of getting a coronavirus test should check that their sample will be processed by a local lab, instead of companies like Laboratory Corp. of America Holdings and Quest Diagnostics Inc., state officials said. Habana Labs employs over 120 people worldwide.The Gaudi™ training processor solution is slated to sample in the second quarter of 2019.The round was led by Intel Capital, with participation from WRV Capital, Bessemer Venture Partners, Battery Ventures and others, including existing investors.Founded in 2016 by David Dahan, CEO, Habana Labs develops AI processors optimized for the specific needs of training deep neural networks and for inference deployment in production environments.The Goya processor silicon – which consists of a complete hardware and software stack, including a high-performance graph compiler, hundreds of kernel libraries, and tools necessary to integrate with the software frameworks that customers use to optimize the deployment of AI inferencing, and suited for the AI applications in the industry, including private and cloud data centers, autonomous vehicles, factory and warehouse automation robots, high end drones, and others – has been tested since June of 2018 and is production-qualified by now.The company, which has raised a total of $120m to date, intends to use the funds to execute on product roadmap for inference and training solutions, including its next generation 7nm AI processors, and to scale sales and customer support teams.The company has already started production of its first Goya™ inference processor PCIE card and delivered it to customers in multiple geographies and market segments.REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS Intel Corp. bought Habana Labs, an Israeli startup that develops chips for artificial intelligence applications, for about $2 billion to bolster its efforts in the fast-growing market for AI silicon. Habana Labs employs over 120 people worldwide.The Gaudi™ training processor solution is slated to sample in the second quarter of 2019.The round was led by Intel Capital, with participation from WRV Capital, Bessemer Venture Partners, Battery Ventures and others, including existing investors.Founded in 2016 by David Dahan, CEO, Habana Labs develops AI processors optimized for the specific needs of training deep neural networks and for inference deployment in production environments.The Goya processor silicon – which consists of a complete hardware and software stack, including a high-performance graph compiler, hundreds of kernel libraries, and tools necessary to integrate with the software frameworks that customers use to optimize the deployment of AI inferencing, and suited for the AI applications in the industry, including private and cloud data centers, autonomous vehicles, factory and warehouse automation robots, high end drones, and others – has been tested since June of 2018 and is production-qualified by now.The company, which has raised a total of $120m to date, intends to use the funds to execute on product roadmap for inference and training solutions, including its next generation 7nm AI processors, and to scale sales and customer support teams.The company has already started production of its first Goya™ inference processor PCIE card and delivered it to customers in multiple geographies and market segments.REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS Bloomberg | Quint … ... quoting a recent report from Bloomberg, which notes that Palantir is preparing to register a confidential S-1 filing with the U.S. Securities and Exchange Commission (SEC) soon.
Notably, Habana Labs was founded in 2016, and has raised investments worth $120 million to date, including $75 million in November 2018 round headed by Intel Capital. (Bloomberg) --Intel Corp. bought Habana Labs, an Israeli startup that develops chips for artificial intelligence applications, for about $2 billion to bolster its efforts in the fast-growing market for AI silicon. Intel INTC announced that it has completed the acquisition of Habana Labs — an Israel-based fabless semiconductor company that specializes in AI chip development. The purchase is the latest in a string of acquisitions aimed at making Intel’s offerings essential to some of the biggest buyers of silicon and fending off rising competitors. The deal, worth almost $2 billion is likely to aid bolstering Intel’s portfolio of AI Accelerators in its data center business. We’re going to be aggressive going after this.” While three-year-old Habana has only just delivered its first chip, Intel saw the chance to acquire a pool of talented engineers and jumped at it, he said.Habana’s products are aimed specifically at large data centers where they chain together other semiconductors to create more powerful processing capabilities. Intel said Monday it expects the AI silicon market to exceed $25 billion by 2024. The company has about 180 employees. The market for the new way of handling data is only just getting going and represents a huge opportunity for the industry, according to Shenoy.