Israel-based AI chipmaker Hailo announced its international expansion in Japan as part of its ongoing growth, including strengthening relationships with existing customers in Japan and expanding into Asia-Pacific markets.
The company has established of Hailo Japan G.K., a wholly-owned subsidiary located in Tokyo. Hiro Uchida, a former Sony executive, has been appointed President to lead the operation.
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Founded in 2017 by members of the Israel Defense Forces’ elite technology unit, Hailo has developed a Deep Learning processor, featuring up to 26 Tera Operations Per Second (TOPS), that delivers the performance of a data center-class computer to smart devices.
Hailo’s AI processor enabling to perform tasks such as object detection and segmentation in real-time, with minimal power consumption, size, and cost. The processor is designed to fit into a multitude of devices, including smart cities, smart homes, automotive, industry 4.0, and retail.
The expansion comes in the wake of Hailo’s $60 million Series B funding round, in which NEC Japanese leader in the integration of IT and network technologies – joined as a strategic investor. Hailo also recently established key partnerships with Socionext, a major provider of advanced SoC solutions for video and imaging systems headquartered in Japan, and Foxconn, a global leader in smart manufacturing, to launch a next-generation AI processing solution for video analytics at the edge.
“I am excited to be part of Hailo’s team and am looking forward to building a strong foundation to lead our business development in this pivotal arena,” said Hiro Uchida. “There is no doubt that deep learning at the edge will be embedded in almost all of the products and services we use on a daily basis while providing us with improved safety and better quality of life.”
Hiro Uchida brings more than 30 years of experience as a technology and business leader, including helping build Sony’s Corporate Venture Capital fund (Strategic Venture Investment) and investing in innovative startups worldwide. After serving in multiple management and operational positions at Sony, Hiro Uchida held key positions at innovative tech companies including as President of SiTime KK and President of Tessera Technologies Japan GK.
Orr Danon, CEO of Hailo said “Many of the world’s leading companies integrating Artificial Intelligence into their edge devices are based in Japan, and we are excited to empower their products with our groundbreaking Hailo-8 Deep Learning chip.”