[Hailo in TechCrunch] AI chipmaker Hailo raises $136M as it doubles down new opportunities for AI modules in edge devices

 Hailo, which makes edge-device chips customized to work with AI workloads — typical implementations include smart cities, retail environments, industrial settings and next-generation automotive systems — has raised $136 million in a Series C round of funding, one of the biggest to date in the AI chip market. We’ve confirmed with sources close to Hailo that the investment values it at around $1 billion.

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Source: https://blog.ourcrowd.com/ai-chipmaker-hailo-raises-136m-as-it-doubles-down-new-opportunities-for-ai-modules-in-edge-devices/