DEPLOYDatabase

Company

Nervana Systems

Nervana Systems was an artificial intelligence infrastructure company founded in 2014 and based in San Diego and Palo Alto, California.

Founded
2014
HQ
San Diego, California, USA
Status
acquired (by Intel, 2016)

The verified answer

As of Aug 2026, DEPLOY verifies Nervana Systems: 1 model. 1 source back the record.

Overview

Nervana Systems was an artificial intelligence infrastructure company founded in 2014 and based in San Diego and Palo Alto, California. The company developed a full-stack deep learning platform called Nervana Cloud and was designing a custom ASIC known as the Nervana Engine for accelerated deep learning workloads. Intel acquired Nervana in August 2016 for an estimated USD 408 million and shut down the Nervana product line in January 2020 in favor of Habana Labs

Verified record

Verified deployments
None on file
Active incidents
None on file

Valuation of record

DEPLOY VERIFIED
$408M (reported, approximate)as of Aug 2016

AcquisitionAcquired by Intel Corporation

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Key facts

CEO

Naveen Rao (co-founder)

CTO

Amir Khosrowshahi (co-founder)

VP Algorithms

Arjun Bansal (co-founder)

Founded

2014

Acquired by

Intel, August 2016, estimated USD 408 million

Employees at acquisition

48

Products

Nervana Cloud (SaaS platform), Nervana Engine (ASIC), Neon (open-source deep learning framework)

Status

Defunct — Intel shut down Nervana development in January 2020 in favor of Habana Labs

Total funding raised

Approximately USD 24-28 million across 3 rounds

Data & sources

Web sources

1

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Relationships

Former / Previously (3)

Safety record

No incidents on record for Nervana Systems.

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Recent coverage

Nervana Systems in third-party press

Peer companies