Intel

The product announcements to watch for at CES 2020

People using virtual reality glasses.
Attendees grasp at objects in an AR game at CES 2019. Photo: Robyn Beck/AFP via Getty Images

While we don't yet know the full details of everything that will be unveiled at CES this year, we have a pretty good idea of who will be making the announcements and the types of products to expect.

Why it matters: Vegas during CES is a noisy place. It pays to know which direction to point your ears.

Intel acquires Israel-based Habana Labs for $2 billion

A graphic of money with the face on the bill covered.
Illustration: Aïda Amer/Axios

Intel (Nasdaq: INTC) paid around $2 billion to acquire Habana Labs, an AI processor startup based in Israel.

Why it matters: Intel continues buying big to succeed in the AI chip market, which it expects to be worth more than $25 billion by 2024, even if some past acquisitions haven't yet worked out as planned.