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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.”
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