Page 19 - Technology Ventures News Today

Three new maritime and supply chain industry leaders have joined the corporate consortium driving Motion Ventures’ $30M investment fund to expand the corporate consortium’s geographic reach to Japan and Greece, and introduces fresh strategic capital to startups. The corporate investors include MOL PLUS – the corporate venture arm of Japanese shipping conglomerate Mitsui OSK Lines, ...

The money will be used to develop new products and expand markets.

Tel Aviv-based startup’s AI processor allows smart devices to run deep learning applications for industries such as automotive, drones, and home appliances

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The company said the funding will be used to address 'surging interest' in the Hailo-8 AI Processor for edge devices.

Hailo, an artificial intelligence-focused, Israel-based chipmaker, said on Tuesday it raised $136 million in a private funding round led by Poalim Equity and Gil Agmon.

/PRNewswire/ -- Leading AI (Artificial Intelligence) chipmaker Hailo today announced it has raised $136 million in a Series C funding round led by Poalim...

AI chipmaker Hailo today announced it has raised $136 million in a Series C funding round led by Poalim Equity and Gil Agmon. The round was joined by exist

Amid a global semiconductor shortage, an upstart in the world of AI chips is announcing a big round of funding to meet a boom in demand for its technology. 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 — […]

The financing round of the advanced AI processor developer was completed at a company valuation of over $1 billion, according to sources close to the matter.