Intel Corp. is expanding its push into the artificial-intelligence market with an approximately $2 billion deal for Habana Labs, an Israel-based AI chip-making startup. Intel said the deal strengthens its lineup of artificial-intelligence chips for use in data centers. Those are the large information-storage facilities where companies increasingly are running AI algorithms to analyze data to, for instance, identify customer trends that otherwise might be too hard to spot.

Source: Wall Street Journal December 16, 2019 15:04 UTC