Hailo raises $60 million to accelerate the launch of its AI edge chip
Israeli startup Hailo has raised further USD 60 million in series B funding for artificial intelligence (AI) chips, bringing its total financing to date to USD 88 million. This round, led by existing investors, was joined by strategic investors including ABB Technology Ventures, NEC Corporation, and London-based Latitude Ventures. Hailo said the new funding will help to roll out its Hailo-8 Deep Learning chip and to reach new markets and industries worldwide. The Hailo-8 could give edge devices far more processing power than before, allowing them to perform AI tasks without having to connect to the cloud. The company was founded in 2017, and its technology is designed for the automotive market, smart cameras, smartphones, drones and AR/VR platforms.
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Ericsson starts manufacturing of 5G base station in Texas
Sweden’s Ericsson, one of the world’s leading providers of technology and services to telecom operators, has announced the start of production at its new factory in Lewisville, Texas. The new Ericsson USA 5G Smart Factory will manufacture 5G base stations for North American customers. The company said that North America is expected to lead the 5G uptake with 74 percent of anticipated mobile subscriptions in its region in six years, followed by North-East Asia and Europe. Moreover, Ericsson plans to invest USD 238.30 million in Brazil to add a new assembly line dedicated to 5G network technology, supplying its Latin American operations.
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4Voice acquires nexVortex’s hosted voice business, bolstering its capabilities in the delivery of high quality, full-service VoIP solutions
US-based 4Voice LLC, a provider of full-service VoIP solutions, has announced the acquisition of nexVortex’s hosted voice business. Under the agreement, 4Voice also acquires nexVortex’s entire hosted voice team to ensure a seamless transition for customers and channel partners. This deal will allow nexVortex to focus resources on its rapidly growing Managed SIP Trunking business. According to the statement, 4Voice has been serving the telecom needs of small and medium-sized businesses across all major industries, including healthcare, financial services, legal, retail and hospitality, for over 13 years.
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Pixel phones updated with new gesture controls, emoji, AR effects & more
Google has launched a second set of additions for the Pixel 4 users, including new music controls, new emojis, more photo and video features, expanded emergency services, Google Pay enhancements and several other features. An update to the Personal Safety app, which allows US users to call 911 with a single tap or via voice command, makes this app available to Pixel users in Australia (000) and the UK (999). Now Pixel smartphones will also make better images with the front-facing camera that will enhance Portrait Blur and color pop, add more depth to selfies, and allow users to create 3D photos for Facebook. The new updates also include additional AR effects for Google’s video calling app Duo, which can change depending on the speaker’s expression and move around the screen.
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Microsoft and Telkomsel Announce Strategic Partnership in AI Based-Edge Computing for Industry 4.0 in Indonesia
Microsoft has partnered with Indonesia’s largest mobile carrier Telkomsel to implement the latest technologies that will enable outlying regions in Indonesia to have access to enhanced connectivity. Microsoft Indonesia President Director Haris Izmee said, “In accordance with Microsoft’s focus on digital transformation, we are collaborating to establish a pilot project on top of Telkomsel’s Private LTE infrastructure with the implementation of Azure Stack Edge to support customers in remote areas who need internet connectivity and AI solutions.” This technical collaboration that includes Cloud Edge, AI, IoT, and data hubs, will offer lower latency between devices and the cloud resulting in the creation of new solutions for consumers and businesses.
Read more at https://tinyurl.com/sm8d8ye