• Thu. Apr 18th, 2024

Revolutionizing AI: Hailo Launches High-Performance GenAI Accelerator for End Devices

BySamantha Jones

Apr 3, 2024
Hailo Secures $120 Million in Funding and Debuts Hailo-10

Hailo, a leading AI company founded by graduates of the Elite Technological Unit of the Intelligence Corps in 2017, has announced the successful closing of their new funding round. This news comes as the company is poised to expand its impact and fuel long-term growth with the launch of their Hailo-10 GenAI accelerator. The accelerator positions Hailo strategically to bring classic AI and GenAI to edge devices, empowering users and enhancing productivity and user experience.

Hailo’s processors are designed to perform complex deep learning tasks efficiently while minimizing power consumption, size, and cost. With offices in various countries and a strong network of distributors worldwide, Hailo caters to over 300 customers across industries. This unicorn startup became a global leader in AI technology after raising $136 million in capital in 2022.

With the launch of Hailo-10 GenAI accelerator, users can now run a wide range of applications seamlessly on personal computers, smart cars, and robots. By shifting AI processing from the cloud to end devices, Hailo ensures continuous access to GenAI services while improving privacy and reducing carbon footprint. The new accelerator sets a new performance benchmark for AI processors by offering faster and more energy-efficient solutions compared to traditional processors.

Hailo’s commitment to maximizing performance while minimizing power consumption showcases their commitment to delivering cutting-edge technology that revolutionizes the AI landscape. With this innovative product launch, users can fully own their creative artificial intelligence experiences without relying on centralized cloud services.

By Samantha Jones

As a content writer at newsnnk.com, I weave words into captivating stories that inform and engage our readers. With a passion for storytelling and an eye for detail, I strive to deliver high-quality and engaging content that resonates with our audience. From breaking news to thought-provoking features, I am dedicated to providing informative and compelling articles that keep our readers informed and entertained. Join me on this journey as we explore the world through the power of words.

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