Hailo: A Rising Star in the AI Chip Space

Hailo, a Tel Aviv-based chipmaker, recently secured $120 million in extended series C funding, showcasing its potential in the competitive AI chip market. Led by CEO Orr Danon, Hailo specializes in edge AI processors that deliver data center-class performance on smart devices. The company's latest offering, the Hailo-10 GenAI accelerator, promises to revolutionize the industry by enabling local GenAI applications without cloud dependency. With over 300 global customers and a strategic focus on edge AI, Hailo is poised to challenge industry giants like Nvidia with its energy-efficient and high-performance solutions.