Hailo raises $120 mn, unveils high-performance AI chip | Republic World

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Published 18:52 IST, April 2nd 2024

Hailo raises $120 mn, unveils high-performance AI chip

Funding was led by existing and new investors, including the Zisapel family, Comasco, and OurCrowd.

Republic Business
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Reported by: Business Desk

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The projected growth rate of 38% annually in the global AI chip market from 2023 to 2032 highlights the increasing demand for AI chip manufacturing.

Hailo raises $120 mn, unveils high-performance AI chip | Image: Unsplash

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18:52 IST, April 2nd 2024