Company Overview
Snapshot
Founded in December 2015 by David Dahan and Ran Halutz, Habana Labs grew to 201–500 employees. The company raised $120M across two funding rounds from 7 investors, with Intel Capital participating as a lead investor. Habana Labs was acquired by Intel in December 2019.
Business overview
Habana Labs develops artificial intelligence (AI) and deep-learning computing solutions, aiming to advance AI processing capabilities. The company offers specialized processors for training and inference workloads, designed for efficiency and compatibility with various AI frameworks. Habana Labs provides software development tools and a neural network profiler for customization and optimization, serving markets in Industrial Technologies, Microelectronics & Photonics Solutions, and IT, R&D & Data Solutions.
Strategic signal
In September 2024, Intel launched the Habana Labs Gaudi 3 AI accelerator, indicating ongoing development and commercialization of Habana's technology post-acquisition. This signals Intel's continued investment in leveraging Habana's AI chip architecture to compete in the high-performance AI market, despite past challenges in gaining market share against rivals like Nvidia. For investors, this suggests a strategic push by Intel to solidify its position in the AI hardware landscape using acquired intellectual property.
Log in to access full profile ›Company Intelligence Q&A
- When was Habana Labs acquired and by whom?
- Habana Labs was acquired by Intel in December 2019.
- Which investors participated in Habana Labs' Series B financing round?
- In November 2018, Habana Labs secured Series B financing from investors including.
- What significant product launch occurred in September 2024 related to Habana Labs' technology?
- In September 2024, Intel launched the Habana Labs Gaudi 3 AI accelerator, building on the company's core technology.
- What was a key operational change for Intel's Habana Labs in October 2022?
- In October 2022, Intel's Habana Labs implemented a workforce optimization, laying off 10% of its employees.
- What strategic partnership did Habana Labs form in December 2020?
- In December 2020, AWS began leveraging Habana Labs' Gaudi AI processor to reduce the cost of deep learning models, integrating the technology into its services.