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Data Center News > Blog > Edge Computing > Hailo raises $120 million and launches Hailo-10 GenAI accelerator
Edge Computing

Hailo raises $120 million and launches Hailo-10 GenAI accelerator

Last updated: April 10, 2024 10:41 pm
Published April 10, 2024
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Hailo raises $120 million and launches Hailo-10 GenAI accelerator
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Hailo has secured $120 million in its Collection C funding spherical, bringing the full to over $340 million, which showcases the buyers’ confidence in its imaginative and prescient expertise. Together with this announcement, Hailo has additionally launched its Hailo-10 GenAI accelerator.

With the growing curiosity of embedded machine producers in edge options for generative AI, Hailo has strategically positioned itself to satisfy the rising demand for GenAI purposes. The Hailo-10 structure is designed to ship optimum GenAI efficiency with minimal energy necessities, successfully tackling the problem of working giant language fashions (LLMs) on edge units with restricted assets.

“Along with the introduction of our Hailo-10 GenAI accelerator, it strategically positions us to convey traditional and generative AI to edge units in methods that can considerably increase the attain and influence of this exceptional new expertise,” says Orr Danon, CEO and co-founder at Hailo.

In line with Hailo, their Hailo-10 GenAI accelerator gives excessive performance-to-cost and performance-to-power consumption ratios. Moreover, it’s appropriate with the software program suite utilized by different Hailo accelerators, such because the Hailo-8 and Hailo-15.

Hailo’s claims that the accelerator efficiency is backed up by its capability to run the Llama2-7B mannequin at speeds of as much as 10 tokens per second (TPS) and course of photographs utilizing Steady Diffusion 2.1 in lower than 5 seconds. The Hailo-10 is able to delivering as much as 40 TOPS, making it a compelling resolution for these in search of high-performance AI acceleration.

“We designed Hailo-10 to seamlessly combine GenAI capabilities into customers’ day by day lives, liberating customers from cloud community constraints. This empowers them to make the most of chatbots, copilots, and different rising content material technology instruments with unparalleled flexibility and immediacy, enhancing productiveness and enriching lives,” Danon explains.

See also  SCI Semiconductor Raises £2.5M in Funding

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AI accelerators  |  funding spherical  |  generative AI  |  Hailo

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TAGGED: accelerator, GenAI, Hailo, Hailo10, launches, million, Raises
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