Skip to main content

Hailo challenges Intel and Google with its new AI modules for edge devices

Hailo, a Tel Aviv-based startup best known for its high-performance AI chips, today announced the launch of its M.2 and Mini PCIe high-AI acceleration modules. Based around its Hailo-8 chip, these new models are meant to be used in edge devices for anything from smart city and smart home solutions to industrial applications.

Today’s announcement comes about half a year after the company announced a $60 million Series B funding round. At the time, Hailo said it was raising those new funds to roll out its new AI chips, and with today’s announcement, it’s making good on this promise. In total, the company has now raised $88 million.

“Manufacturers across industries understand how crucial it is to integrate AI capabilities into their edge devices. Simply put, solutions without AI can no longer compete,” said Orr Danon, CEO of Hailo, in today’s announcement. “Our new Hailo-8 M.2 and Mini PCIe modules will empower companies worldwide to create new powerful, cost-efficient, innovative AI-based products with a short time-to-market – while staying within the systems’ thermal constraints. The high efficiency and top performance of Hailo’s modules are a true gamechanger for the edge market.”

Image Credits: Hailo

Developers can still use frameworks like TensorFlow and ONNX to build their models, and Hailo’s Dataflow compiler will handle the rest. One thing that makes Hailo’s chips different is its architecture, which allows it to automatically adapt to the needs of the neural network running on it.

Hailo is not shy about comparing its solution to that of heavyweights like Intel, Google and Nvidia. With 26 tera-operations per second (TOPS) and power efficiency of 3 TOPS/W, the company claims its edge modules can analyze significantly more frames per second than Intel’s Myriad-X and Google’s Edge TPU modules — all while also being far more energy efficient.

Image Credits: Hailo

The company is already working with Foxconn to integrate the M.2 module into its “BOXiedge” edge computing platform. Because it’s just a standard M.2 module, Foxconn was able to integrate it without any rework. Using the Hailo-8 M.2 solution, this edge computing server can process 20 camera streams at the same time.

“Hailo’s M.2 and Mini PCIe modules, together with the high-performance Hailo-8 AI chip, will allow many rapidly evolving industries to adopt advanced technologies in a very short time, ushering in a new generation of high performance, low power, and smarter AI-based solutions,” said Dr. Gene Liu, VP of Semiconductor Subgroup at Foxconn Technology Group.



from Startups – TechCrunch https://ift.tt/30kLHMG

Comments

Popular posts from this blog

Axeleo Capital raises $51 million fund

Axeleo Capital has raised a $51 million fund (€45 million). Axeleo first started with an accelerator focused on enterprise startups. The firm is now all grown up with an acceleration program and a full-fledged VC fund. The accelerator is now called Axeleo Scale , while the fund is called Axeleo Capital . And it’s important to mention both parts of the business as they work hand in hand. Axeleo picks up around 10 startups per year and help them reach the Series A stage. If they’re doing well over the 12 to 18 months of the program, Axeleo funds those startups using its VC fund. Limited partners behind the company’s first fund include Bpifrance through the French Tech Accélération program, the Auvergne-Rhône-Alpes region, Vinci Energies, Crédit Agricole, BNP Paribas, Caisse d’Épargne Rhône-Alpes as well as various business angels and family offices. The firm is also partnering with Hi Inov, the holding company of the Dentressangle family. Axeleo will take care of the early stage in...

Puls raises $50 million for in-home technical support

A fund affiliated with the Singaporean government has a great interest in making sure that American consumers are getting the tech support they need. Temasek, the multi-billion-dollar investment fund associated with the government in Singapore, has led a $50 million round for  Puls Technologies, Inc. , a San Francisco-based company aiming to be the tech support for American homes and offices. Current investors Sequoia Capital, Red Dot Capital Partners, Samsung NEXT and Viola Ventures all participated in the new financing, alongside additional new investors Hanaco Ventures and Hamilton Lane. Founded only three years ago, Puls pitches a service that can match consumers with the appropriate technician in a little over an hour, any day of the week. The company has built a network of 2,500 technicians in the top 50 cities in the United States, and will provide same-day installation and repair of over 200 products. Some things the company’s technicians can service include smartphon...