Press Release
The Next Wave Of AI? How Hailos Edge AI Chips May Help Transform The Industry
–News Direct–
By Meg Flippin, Benzinga
Artificial intelligence is no longer restricted to big data centers, crunching complex data sets to help businesses increase productivity and improve processes. It is becoming ubiquitous as more use cases for this transformative technology emerge. One only has to look to Microsoft Corp.s (NASDAQ: MSFT) Copilot and OpenAIs ChatGPT for evidence. Relying on a large language model, the chatbots enable users to research and write content in seconds. Thats just one example of how AI is becoming more mainstream.
Were in the IBM mainframe era of AI, with the giant data centers representing a few giant computers that dominated the scene during the mainframe era, George Gilder, the well-known investment advisor who has often been ahead of trends and predicted the world would shift to a decentralized model, said during a webinar for the community and the Gilder Private Reserve subscribers. I think AI is going to be in every smartphone and every pocket, and it's going to be distributed through the Internet of Things. It's going to be ubiquitous. It's really a new IO for the new technology platform of the age.
Hailo Sits On The Edge
That shift to decentralized AI where it no longer lives in the cloud or isolated in a data center, but rather on the edge, is where Hailo, the Israeli semiconductor startup, is operating. It sees a big opportunity for newcomers like itself to take advantage of the natural progression of AI.
AI is learning from examples, contrary to plastic computers which are just being given a very specific set of rules. Its kind of intuition versus logic, Orr Danon, CEO at Hailo, said during an interview portion of the webinar with John Schroeder of the Gilder Private Reserve. Its a huge pivot in the kind of technology you need to implement this. Its an opportunity for a new player to come and emerge and take a significant market share. And that's exactly what we are doing in the company.
It is a big and growing market opportunity. Danon said the global chip market is about $600 billion today and is projected to cross the $1 trillion per annum mark at the end of the decade. Hailo makes AI vision processors and AI accelerator chips designed to accelerate embedded deep learning applications on edge devices. The companys chips can be embedded in a variety of devices including autonomous vehicles, personal computers, smart cameras, robotics, industrial machinery, healthcare devices, drones and home appliances.
Hailo Does It Cheaper
While big chip companies like Nvidia Corp. (NASDAQ: NVDA) are focusing on making AI chips for data centers and cloud computing, Hailo is seeing growing demand for AI chips that sit on the edge, processing the data locally for use with everything from in a variety of devices including autonomous vehicles, personal computers, smart cameras, robotics, industrial machinery, healthcare devices and drones. Hailo says its chips are cheaper, more efficient and only require a few watts for power consumption. In comparison Nvidia's chip requires up to hundreds of watts, Hailo said.
The apps that you run are local. Of course, you use data that is connected to the cloud, but the majority of data crunching is being done locally. And that's exactly what we believe in, said Danon. This is very beneficial in terms of power consumption of the communication requirements. If you're doing anything that requires a response quickly, like a car moving and needing to understand what's going on around it, you have to be local. That means someday these edge AI chips will be able to make everyday devices even smarter whether it is a high-definition camera or a vacuum cleaner.
Cloud Will Always Have Its Role
Thats not to say there wont be a need for the cloud when it comes to AI, its rather that they will complement each other and evolve. For example, cloud and big data centers will always be needed to train the AI, but when it comes to processing or performing the tasks the AI was trained to do, Hailo believes it will happen locally or on the edge. Danon said since the company launched in 2017, Hailo has seen the majority of AI deployments occurring outside of data centers and thats also happening with large language models like ChatGPT. Over the past few years, we've seen the first wave of AI, which is based on fundamentally machine learning models trained by massive amounts of data, said Danon. But now we're seeing the second wave emerge. And that is, generative AI, which we are seeing in things like ChatGPT.
AI is in its infancy, but its quickly moving outside of the big data center and into the devices we use every day. That presents a big opportunity for chip makers catering to this area of the market including Hailo. Interested in getting in on a startup before the second wave of AI takes off? Click here.
Featured photo courtesy of Hailo.
OurCrowd was started in 2013, driven by the idea that the business of building startups grows bigger and better when the global crowd gains access to VC-level investment opportunities.Today, OurCrowd is a global venture and alternative investing platform that empowers institutions and individuals to invest and engage in emerging companies. OurCrowd vets and selects companies, invests its capital, and provides its global network with unparalleled access to co-invest and contribute connections, talent and deal flow. OurCrowd builds value for its portfolio companies throughout their lifecycles, providing mentorship, recruiting industry advisors, navigating follow-on rounds and creating growth opportunities through its network of multinational partnerships.
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Contact Details
Lisa Graston
Company Website
View source version on newsdirect.com: https://newsdirect.com/news/the-next-wave-of-ai-how-hailos-edge-ai-chips-may-help-transform-the-industry-671090598
OurCrowd
COMTEX_449970503/2655/2024-03-28T08:44:39
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Press Release
BloFin Sponsors TOKEN2049 Dubai and Celebrates the SideEvent: WhalesNight AfterParty 2024
–News Direct–
A Glittering Moment: BloFin Shines at TOKEN2049
BloFin, a fastest-growing exchange platform, proudly announces its platinum sponsorship of TOKEN2049 Dubai and its exclusive SideEvent: WhalesNight AfterParty 2024. Following our previous role as the Gold Sponsor at TOKEN2049 Singapore, the BloFin team, now the Platinum Sponsor of TOKEN2049, continues to shine on this stage with its enthusiasm and original dedication to contributing to the cryptocurrency industry.
BloFin successfully sponsored TOKEN2049 Dubai, which witnessed an extraordinary gathering of industry leaders, enthusiasts, KOLs, and innovators. Blofins participation in this prestigious event not only reaffirmed its commitment to fostering innovation within the blockchain ecosystem but also demonstrated its dedication to driving industry development forward.
An Unforgettable Night: WhalesNight AfterParty 2024
As part of the conference, BloFin hosted the highly anticipated WhalesNight AfterParty 2024, promising an unforgettable evening of networking and celebration.
Gratitude in Spotlight: Heartfelt Thanks to Valued Partners and Media
BloFin extends its gratitude to its esteemed media partners, including U.Today, BeInCrypto, CoinTelegraph MENA, Crypto.news and Chainwire, whose support has been instrumental in promoting this event. Additionally, BloFin appreciates the steadfast support and participation of its significant partners, KOLs, and attendees.
The Dubai Whales Night offers the BloFin team a valuable opportunity to meet with users and friends.
Matt, CEO of BloFin, shared his insights and expressed his excitement at the WhalesNight AfterParty. He stated We understand the importance of trust. We will continue to provide our users with safe, reliable, and fast services.
As we continue to expand our reach and enhance our offerings, Blofin remains steadfast in its mission to empower individuals and institutions to unlock the full potential of blockchain technology.
About BloFin:
As the fastest-growing crypto exchange, BloFin offers premium perps & futures trading services with over 320 USDT-M trading pairs and 100X trading volume. Now, it provides more high-quality products including spot trading, copy trading, earning, API access, and more. Ensuring utmost user fund security, BloFin has partnered with Fireblocks to safeguard users assets.
Contact Details
BloFin
Annio Wu
View source version on newsdirect.com: https://newsdirect.com/news/blofin-sponsors-token2049-dubai-and-celebrates-the-sideevent-whalesnight-afterparty-2024-665341179
BloFin
COMTEX_451559404/2655/2024-04-28T12:32:52
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Birmingham, UK – 26 April 2024 – The complex world of taxes seems to be a real challenge for the business world. Rapid changes are also a stress factor not only for beginners. That’s why Tax Accountant, a provider of comprehensive tax solutions, is pleased to provide consulting in everything related to the tax field.
Nowadays, the use of a small business tax advisor is a necessity, considering the speed of changes taking place in the business landscape. Financial counseling allows a better understanding of the problems that have arisen, and at the same time, new means of solving or avoiding some financial problems are opened. The Tax Accountant services are specially designed to respond primarily to the needs of small businesses because they need a lot of support to get off to a good start, whatever the direction or type of activity. The team is composed of highly qualified specialists in the business tax field and they are ready to guide businesses, especially small ones, by offering personalized guidance and advice.
Any company at the beginning of its journey needs to make informed decisions, and these can only be made with experience. Experts at Tax Accountant have this power and provide high-quality services to improve the fiscal position of any type of business.
It is important to understand that taxes are the UK government’s largest source of income. As a result, the rules and regulations imposed can be quite overwhelming. Small businesses are the ones that most often face problems in the fiscal sphere. As business tax specialists who enjoy trust among clients, the team engages in various types of services, including the preparation of tax returns or financial planning.
Navigating through the daily complexities of the tax field is a real challenge that can end up bringing down businesses, especially those that don’t have enough training to find quick and efficient solutions. Accurate management of various financial obligations can only be achieved with professional training and rich experience in the field. This is what best characterizes Tax Accountant services. The team is committed to providing each client with all the necessary support, so that they can easily navigate through the difficulties of fiscal management.
About Tax Accountant:
Tax Accountant is a leading provider of professional tax services that focuses on personalized advice for small businesses. Being a good business tax advisor, the company is committed to helping its clients with efficient and comprehensive solutions, but also to making correct decisions when it comes to tax management. The personalized approach is by far the best means by which businesses of all sizes can benefit from precise services.
Media Contact:
Company Name: Tax Accountant
Contact Name: Aatif Malik
Email: [email protected]
Address: 3 Brindley Place, Birmingham B1 2JB, UK
Phone: 08001357323
Website: https://www.taxaccountant.co.uk/business-tax-services/
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Press Release
HTX Launches New Trade to Earn: Trade BTC with Negative Fee Rates and Share 200,000 USDT Daily with Nonstop Rewards in 7*24 Hours!
–News Direct–
On April 28, HTX officially launches the brand-new "Trade to Earn" event. While trading BTC with negative fee rates, users can share a daily $HTX prize pool worth 200,000 USDT with non-stop rewards in 7*24 hours. This upgraded event marks a significant innovation in HTX's user participation mechanism. HTX aims to provide more users with diverse and fair participation opportunities and improve their trading experience.
HTX's Trade to Earn event includes spot trading and futures trading. Users can trade BTC/USDT in spot and BTCUSDT perpetual in futures to share respective daily $HTX prize pools worth 100,000 USDT. Participants must have a Rocket count of 300 and successfully register on the event page. After registration, you'll receive a random airdrop reward ranging from 1 to 88 USDT in futures trial bonuses.
In addition to concurrent spot and futures trading, HTX's Trade to Earn proposes an innovative 24/7 reward mechanism. The daily prize pool is divided into 24 portions, with a new portion released every hour to ensure that users have equal participation opportunities at different times. It should be noted that rewards in the hourly prize pool every day are given on a first-come, first-served basis, determined by the actual fee generation time of participants' trades.
According to the announcement, the event runs from 12:00:00 (UTC) on April 28, 2024, to 11:59:59 (UTC) on May 5, 2024. The "Trade to Earn" event is on a daily basis. A day is defined from 12:00 (UTC) on Day T to 11:59 (UTC) on Day T+1. Event rewards will be calculated and updated starting on Day T+2 at 04:00 (UTC). Eligible users can claim their rewards of $HTX after the time.
Furthermore, the reward ratio for Maker orders is 110%, while the reward ratio for Taker orders is 105%. The maximum daily reward per participant is 3,000 USDT for Spot "Trade to Earn" and 5,000 USDT for Futures "Trade to Earn".
Notably, all net fees generated from trading BTC/USDT in spot and BTCUSDT perpetual in futures during the event will be used for $HTX buybacks and burns to support the stable $HTX appreciation.
It is reported that since HTX launched the Spot "Trade to Earn" event, it has garnered broad user participation and received positive feedback. In the recent Futures "Trade to Earn" – Bitcoin Halving Special Edition, 100,000 USDT trading rewards were distributed within 10 minutes. In the future, as one of the world's leading crypto exchanges, HTX will consistently adhere to the principle of prioritizing users, providing users with richer and higher-quality trading services through continuous innovation and optimization, thereby propelling the sustainable development of the cryptocurrency industry.
About HTX Exchange
Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investments, incubation, and other businesses.
As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. The platform's growth strategy – "Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance", underpins its commitment to providing quality services and values to virtual asset enthusiasts worldwide.
About HTX
Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3.
Contact Details
Michael Wang
Company Website
View source version on newsdirect.com: https://newsdirect.com/news/htx-launches-new-trade-to-earn-trade-btc-with-negative-fee-rates-and-share-200-000-usdt-daily-with-nonstop-rewards-in-7-24-hours-891177631
HTX
COMTEX_451555802/2655/2024-04-28T10:24:40
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BloFin Sponsors TOKEN2049 Dubai and Celebrates the SideEvent: WhalesNight AfterParty 2024
Tax Accountant: Providing Individual Taxation Advice for Small Businesses
HTX Launches New Trade to Earn: Trade BTC with Negative Fee Rates and Share 200,000 USDT Daily with Nonstop Rewards in 7*24 Hours!
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