Hailo raises $60m Series B

Hailo, the Israeli AI processor company, has raised $60 million in a Series B funding round. As well as existing investors, backers were ABB Technology Ventures (ATV), NEC and Latitude Ventures. Hailo will use the money to bolster the ongoing global rollout of its Hailo-8 Deep Learning chip and to reach new markets and industries.  The Series ...

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