Hailo Secures $120 Million in Funding and Debuts Hailo-10

Hailo’s Hailo-10 GenAI Accelerator Revolutionizes Edge Devices with Cutting-Edge AI Capabilities

Hailo, a unicorn startup founded in 2017 by graduates of the Elite Technological Unit of the Intelligence Corps, has recently closed a new funding round, which CEO and co-founder Or Danon stated would allow the company to seize opportunities for long-term growth. With offices in multiple countries and a global network of distributors, Hailo’s products cater to over 300 customers worldwide.

Hailo’s unique processors are designed to perform complex deep learning tasks efficiently while minimizing power consumption, size, and cost, making them ideal for integration into various smart devices across industries. The company’s recent launch of their Hailo-10 GenAI accelerator positions them strategically to bring classic AI and GenAI to edge devices, expanding the deployment and impact of this vital technology.

By integrating creative artificial intelligence capabilities into users’ daily lives through Hailo-10, the company aims to empower users and enhance productivity and user experience. The new accelerator enables edge devices like personal computers, smart cars, and robots to harness the power of GenAI, allowing users to fully own their creative artificial intelligence experiences. By shifting AI processing from the cloud to end devices, Hailo ensures continuous access to GenAI services, real-time processing, improved privacy, and reduced carbon footprint.

Hailo-10 sets a new performance benchmark for AI accelerators by offering faster and more energy-efficient solutions compared to traditional processors. With this innovative accelerator, users can run a wide range of applications seamlessly while maintaining Hailo’s lead in performance, cost, and power consumption. This accelerator supports various AI applications across different devices and platforms, enabling users to process tasks efficiently while conserving energy.

In conclusion, Hailo’s focus on maximizing performance while minimizing power consumption showcases their commitment to delivering cutting-edge technology that revolutionizes the AI landscape. With their latest funding round and innovative product launches like Hailo-10 GenAI accelerator

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