Intel Capital led a series B round for the artificial intelligence-based processor developer, bringing its overall funding to $120m.
Israel-based artificial intelligence chipmaker Habana Labs has received $75m in a series B round led by semiconductor and data technology provider Intel, taking its total funding to $120m.
Intel, which led the round through corporate venturing subsidiary Intel Capital, was joined by venture capital firms Walden Riverwood Ventures (WRV), Bessemer Venture Partners and Battery Ventures along with undisclosed additional investors.
Habana uses artificial intelligence to improve the processing performance of chips while lowering their costs and power consumption.
The company…
