The verified answer
As of Oct 2026, DEPLOY verifies Nervana Systems: 1 model, $428.5M raised. 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
Company-claimedPriced roundAcquisition post-money
Key facts
CEO
CTO
VP Algorithms
Founded
Acquired by
Employees at acquisition
Products
Status
Total funding raised
Data & sources
Web sources
1
1 source backing this record.View all →
Partnerships
Every company Nervana Systems has built with, alongside the ones only announced in a press release.
Most-frequent partners
- 1Intel Corporation1× joint10 total
Most recent
- Intel acquires Nervana Systems2016-08-09with Intel Corporationoperating
Nervana Systems on the deployment map
View the global mapNervana Systems has no verified deployments on the DEPLOY registry yet. Explore the deployment map by place and type.
No verified deployments for Nervana Systems on the DEPLOY record yet. Track Nervana Systems to know the moment the first one is verified.
Relationships
Founders (3)
- Arjun Bansalcofounderno longer at company
- Naveen Raocofounderno longer at company
- Amir Khosrowshahicofounderno longer at company
later founded Intel Corporation
Former / Previously (3)
- Naveen Rao CEO & Co-founder, Co-foundersecondary-verified
- Arjun Bansal VP Algorithms & Co-founder, Co-foundersecondary-verified
- Amir Khosrowshahi CTO & Co-founder, Co-foundersecondary-verified
Safety record
No incidents on record for Nervana Systems.
Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.
Full safety record: incidents, sourcing, and exposure data →
Recent coverage
Nervana Systems in third-party press
Peer companies
- Google21 models
- Roborock20 models
- ST Telemedia Global Data Centres11 models
- Unitree Robotics10 models
- Teraco Data Environments8 models
- AirTrunk7 models
Financial state
- Total funding
- $428.5M
- Reporting basis
- aggregator_estimate
- Lifecycle stage
- acquired
- Counterparty risk class
- low
Each numeric field carries its own basis marker. Aggregators report a number; this surface preserves the source class so verification depth travels with the value.
Partnerships
1 total · 1 operating · 1 ended
Every company Nervana Systems has built with, alongside the ones only announced in a press release.
Most recent
- Intel acquires Nervana Systems2016-08-09with Intel Corporationoperating
Most-frequent partners
- 1Intel Corporation1× joint10 total
Funding rounds (2)
Nervana Systems’s 2 disclosed rounds, $429M in total, oldest to newest.
- Acquisition2016-08-09
$408M(reported) · $2.0B post
Investors: Intel (lead)
- Series A2015-06-04
$21M(reported) · $123M post
Investors: Lux Capital (follow)
Acquisitions (1)
- acquired by Intel Corporationfull acquisition2016-08-09
Timeline
Every recorded move in Nervana Systems’s history, most recent first: funding rounds, partnerships, acquisitions, supply-chain starts, key hires, and press.
Funding roundAcquisition funding round
2016-08-09Acquisition raising $408000000
PartnershipIntel acquires Nervana Systems
2016-08-09Intel acquired Nervana Systems for an estimated USD 408 million to gain specialized AI chip expertise and a deep learning software platform. Intel shut down the Nervana product line in January 2020 in favor of Habana Labs.
Acquired byAcquired by Intel
2016-08-09Acquired by Intel (full_acquisition)
Funding roundSeries A funding round
2015-06-04Series A raising $20500000
Recent activity
Every change to this record is dated, sourced, and independently verified where marked.
- Record createdJun 25, 2026
Added to the verified registry
Sources (1)
Common questions
What is Nervana Systems?
What does Nervana Systems make?
Is Nervana Systems publicly traded?
Who competes with Nervana Systems?
Who is the CEO of Nervana Systems?
How can I invest in Nervana Systems?
Where is Nervana Systems headquartered?
How much funding has Nervana Systems raised?
Who owns Nervana Systems?
Where does Nervana Systems operate robots?
Is Nervana Systems a top robotics company?
Is Nervana Systems safe?
Methodology: Verified · 1 source (no primary) · last reviewed 2026-08-22
Verification posture
Verified
Low confidence
Review state
Stable
Last reviewed 2026-08-22
Sources by quality tier
- 1
- unclassified
- Unclassified source
The framework is documented at /methodology. Corrections at /corrections. Reviewer: DEPLOY editorial team.
Methodology surface for Nervana Systems.Peer companies
- Google21 models
- Roborock20 models
- ST Telemedia Global Data Centres11 models
- Unitree Robotics10 models
- Teraco Data Environments8 models
- AirTrunk7 models
In the press
Recent coverage mentioning Nervana Systems from third-party publications. Automatically surfaced; not part of the verified registry record.
Nervana Nevermore: Intel Shifts Focus to Habana Labs, Cancels NNP-T, NNP-I
Intel shut down the Nervana neural network processor product line in January 2020, pivoting to Habana Labs for AI chips.
Intel Sheds More Light On Benefits of Nervana Neural Network Processor - PC Perspective
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5 Startups Building Artificial Intelligence Chips - Nanalyze
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Intel announces self-learning AI chip Loihi - ZDNET
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Intel’s new Silicon Valley Autonomous Driving Garage is primed for partnerships - TechCrunch
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The Nervana Systems Chip That Will Let Intel Advance Its Deep Learning - IEEE Spectrum
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Intel Bets on AI for Data Centers with Nervana Purchase - BizTech Magazine
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Intel Acquires Nervana Systems Which Could Significantly Enhance Future Machine Learning Capabilities - Forbes
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Intel acquires deep learning startup Nervana for more than 350 million
Intel acquires Nervana Systems for a reported 350+ million to bolster its AI and deep learning chip portfolio.
Intel is paying more than 400 million to buy deep-learning startup Nervana Systems
Vox reports Intel is paying over 400 million USD to acquire Nervana Systems, a deep-learning startup with 48 employees.
22 year olds' deep learning startup HyperVerge just raised $1M from US investors - YourStory.com
<a…
Deep learning startup Nervana raises 20.5 million in Series A
Nervana Systems raises 20.5 million in Series A funding led by Data Collective with participation from Lux Capital, DFJ, and others.
Machine-readable surfaces
- Markdown mirror: /companies/nervana-systems.md
- RSS feed: /companies/nervana-systems/feed.xml
- JSON-LD: embedded in this page’s head
- REST API: /v1/companies/72eece57-d8d7-4841-b7aa-7da74819125c
- Revision history: /companies/nervana-systems/history
- Data documentation: /data
- Query this programmatically: Deploy MCP
Peer companies
- Google21 models
- Roborock20 models
- ST Telemedia Global Data Centres11 models
- Unitree Robotics10 models
- Teraco Data Environments8 models
- AirTrunk7 models
Video
Microsoft will release Quantum Break on Steam, alleviating fears of Windows Store exclusivity; Elon Musk's SolarCity will make roofs OUT OF solar panels; Intel
Over the past five years, over 50 companies dedicated to making artificial intelligence run faster have sprung up. Whether in data centers or in cars, like Tesl
Intel, in an attempt to gain relevance in the quickly growing artificial-intelligence and machine-learning markets, is rolling out a new product family called N
Catalyzing Deep Learning’s Impact in the Enterprise Deep learning is in the early stages of unlocking tremendous economic value outside its impact in the large
This interview took place at the RE•WORK Deep Learning Summit in Boston, on 12-13 May 2016. https://www.re-work.co/events/deep-learning-boston-2016 View furthe
I talked about Intel’s acquisition of Nervana Systems on the podcast when it happened almost a year ago, so I was super excited to have an opportunity to sit do
Intel recently planned to join the AI race and level with Nvidia. Recently, Intel has unveiled its Nervana Neural Network Processor family at the WSJDLive globa
Heat Index
Category contender77/100
A composite of competitive footprint, funding, press velocity, active partnerships, and supply-chain edges. Different from the Intelligence score below (which is per-form-factor productization). Non-robotics companies cap at 25.
Reality vs attention
Nervana Systems draws attention at the 80th percentile but verifies reality at the insufficient-data level among other robots.
6-month trend
Analysis
Funding runway warrants monitoring: last known round 124 months ago.
Signal flags
Dimension breakdown
Verified signal
Attention (reach, not merit)
DEPLOY Intelligence scores are computed from verified registry data: confirmed deployments, disclosed funding rounds, regulatory filings, active job listings, video viewership, and press coverage. Confidence ratings reflect data availability. Scores update nightly.
DEPLOY Indices — verified vs claimed
Last computed: Oct 3, 2026