Redesigned computer architecture
Learned from Israel Artificial intelligence chip maker “ Hailo “Today announced the completion of a $ 60 million Series B financing. Investors include ABB’s Strategic Venture Capital Department of Technology Ventures (ATV), Japan Electric Corporation (NEC), London venture capital agency Latitude Ventures, and the company’s existing investors. After this round of financing, Hailo’s total funding will reach $ 88 million.
The funds will be mainly used to support the promotion of “Hailo-8” deep learning chips in global markets and industries. Hailo CEO and co-founder Orr Danon said, “This round of financing will help us accelerate the development of smart devices and AI industries in the world including smartphones, smart cities, industrial automation, smart retail and other fields. Edge-side deployment. “
Hailo is an Israeli deep learning processor chip research and development company. Founded in 2017, the company’s core team comes from the Israeli Ministry of Defense and Texas Instruments. Hailo changed the underlying architecture of the processor and increased the deep learning processing power by orders of magnitude by redesigning the memory, control, and computing of the computer architecture to meet the computing resources and low energy consumption of drones, drones, and smart home hardware. Demand.
In May 2019, the company launched the Hailo-8, a deep learning processor for edge devices. The processor is based on a new chip architecture designed based on the core attributes of the neural network, which enables the device to execute complex deep learning models that could only run in the cloud. Hailo-8’s data stream architecture enables higher performance, lower power consumption, and minimal latency. H ailo-8 processor contains memory, runs at speeds up to 26 terabytes per second (TOPS), and consumes 1.67 watts of power when running the ResNet-50 benchmark, reaching 2.8 TOPS / W. Software Development Kit (SDK) , can provide more privacy for edge smart devices (including autonomous vehicles, smart cameras, smartphones, drones, and AR / VR devices) Sex and better performance.
It is reported that Hailo was on Israel crowdfunding platform to be completed in 2018 OurCrowd, venture capital fund Maniv Mobility, and several angel investors, such as company president Zohar Zisapel and from Delek Motors Gil Agmon ’s $ 12 million Series A funding round, This round of financing will be extended to 2019 $ 21 million, Yaotu Capital led the financing expansion, and existing and other new investors also participated in the investment . span>
About investment:
Kurt Kaltenegger, Head of ABB Technology Ventures: “Hailo’s products and team have impressed us deeply and believe that their new deep learning processor will help advance various industrial 4.0 applications. We look forward to bringing Hailo’s The combination of the solution and our leading industrial technology has become an important part of promoting the digital transformation of the industry. “
Hiroto Sugahara, General Manager, Enterprise Technology Department, NEC: “Hailo is a cutting-edge solution for high-performance, low-power and efficient processing on the edge side. Hailo’s technology will help us open up intelligent video analysis more Market. We are excited to be a strategic investor in the company and look forward to Hailo’s technology being integrated into our next generation of edge-side products. “
Julian Rowe, partner of Latitude Ventures: “Hailo is expected to play an important role in the rapidly emerging AI processor market. Their deep learning edge chips will disrupt many industries today, and many innovative application scenarios have just begun Appear. We are glad to join this team and look forward to future development together. “
Related reading:
FigureSource: Hailo’s official website