Revolutionizing AI and Edge Devices: Hailo’s New Hailo-10 GenAI Accelerator Brings Unmatched Power and Efficiency

Hailo Secures $120 Million in Funding, Introduces Hailo-10

In a strategic move to bring classic AI and GenAI to edge devices, Hailo, the unicorn startup founded in 2017 by graduates of the Elite Technological Unit of the Intelligence Corps, has announced the launch of its Hailo-10 GenAI accelerator. This move paves the way for long-term growth and allows the company to leverage all the exciting opportunities it has in store.

Hailo’s processors are a rethinking of traditional computing architecture, enabling smart devices to perform sophisticated tasks while minimizing power consumption and cost. These processors are intended for integration in various sectors, including automotive, security, computing, industry, and retail. With offices in several countries and a network of distributors worldwide, Hailo serves over 300 customers globally.

The new Hailo-10 accelerator empowers edge devices with GenAI, allowing users to fully own their creative artificial intelligence experiences. By transitioning AI processing from the cloud to end devices, Hailo ensures continuous access to GenAI services, real-time processing, improved privacy, and reduced carbon footprint. The Hailo-10 accelerator achieves up to 40 TOPS and is faster and more energy-efficient compared to integrated NPU solutions. This advancement in technology enables users to run a wide range of AI applications seamlessly across different end devices and platforms.

Hailo-10 will start selling units in the second quarter of 2024, facilitating various applications in personal computers and in-vehicle systems. Whether users are automating translation

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