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Hailo Technologies
Hailo Technologies Ltd. is an Israeli technology company specializing in designing and manufacturing AI processors and AI accelerator used in autonomous vehicles, security cameras, autonomous mobile robots, etc. Headquartered in Tel Aviv and seven international offices, the company operates in North America, Europe, and Asia. History Hailo was founded in Tel Aviv in February 2017 by Orr Danon, Avi Baum, Hadar Zeitlin, and Rami Feig. Following the death of Rami Feig Orr Danon became the new CEO and Avi Baum became CTO. The company's funding began in June 2017 with a seed round of $3.5 million. This was followed by Series A funding on June 5, 2018 (with additional funding on January 22, 2019), totaling $12.5 million and $8.5 million respectively. Hailo unveiled its Hailo-8 AI accelerator on May 14, 2019. Hailo secured Series B funding of $60 million on March 5, 2020, and a Series C funding of $136 million on October 12, 2021, led by Poalim Equity and Gil Agmon, with the parti ...
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Artificial Intelligence
Artificial intelligence (AI) is the capability of computer, computational systems to perform tasks typically associated with human intelligence, such as learning, reasoning, problem-solving, perception, and decision-making. It is a field of research in computer science that develops and studies methods and software that enable machines to machine perception, perceive their environment and use machine learning, learning and intelligence to take actions that maximize their chances of achieving defined goals. High-profile applications of AI include advanced web search engines (e.g., Google Search); recommendation systems (used by YouTube, Amazon (company), Amazon, and Netflix); virtual assistants (e.g., Google Assistant, Siri, and Amazon Alexa, Alexa); autonomous vehicles (e.g., Waymo); Generative artificial intelligence, generative and Computational creativity, creative tools (e.g., ChatGPT and AI art); and Superintelligence, superhuman play and analysis in strategy games (e.g., ...
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Eyal Waldman
Eyal Waldman () is an Israeli businessman, philanthropist, and peace activist. In 1999, he co-founded chip maker Mellanox Technologies, which was sold to Nvidia for US$6.9 billion in 2019. Waldman received the Israel Prize, Israel's highest civilian honor, in 2024. Biography Waldman served as an infantry officer in the Golani Brigade in the Israel Defense Forces. After the army, he studied for a degree in chemical engineering at the Technion-Israel Institute of Technology before moving to computer science. After receiving a master's degree in electrical engineering, Waldman began working for Intel in 1989. After four years at Intel, Waldman was the vice president of engineering at startup Galileo from 1993 to 1999. In 1999, Waldman co-founded Israeli chip maker Mellanox Technologies with three friends from Intel in Yokne’am, later selling the company for US$6.8 billion to Nvidia in 2019. As part of the sale, Waldman received approximately US$250 million from his 3.6% stake in ...
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Technology Companies Of Israel
Technology is the application of conceptual knowledge to achieve practical goals, especially in a reproducible way. The word ''technology'' can also mean the products resulting from such efforts, including both tangible tools such as utensils or machines, and intangible ones such as software. Technology plays a critical role in science, engineering, and everyday life. Technological advancements have led to significant changes in society. The earliest known technology is the stone tool, used during prehistory, followed by the control of fire—which in turn contributed to the growth of the human brain and the development of language during the Ice Age, according to the cooking hypothesis. The invention of the wheel in the Bronze Age allowed greater travel and the creation of more complex machines. More recent technological inventions, including the printing press, telephone, and the Internet, have lowered barriers to communication and ushered in the knowledge economy. Wh ...
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PCI Express
PCI Express (Peripheral Component Interconnect Express), officially abbreviated as PCIe, is a high-speed standard used to connect hardware components inside computers. It is designed to replace older expansion bus standards such as Peripheral Component Interconnect, PCI, PCI-X and Accelerated Graphics Port, AGP. Developed and maintained by the PCI-SIG (PCI Special Interest Group), PCIe is commonly used to connect graphics cards, sound cards, Wi-Fi and Ethernet adapters, and storage devices such as solid-state drives and hard disk drives. Compared to earlier standards, PCIe supports faster data transfer, uses fewer pins, takes up less space, and allows devices to be added or removed while the computer is running (hot swapping). It also includes better error detection and supports newer features like I/O virtualization for advanced computing needs. PCIe connections are made through "lanes," which are pairs of wires that send and receive data. Devices can use one or more lanes ...
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Rakefet Russak-Aminoach
Rakefet Russak-Aminoach (; born February 1, 1966) is a Managing Partner at Team8, a global venture fund, and the Chairperson of Hailo Technologies. Russak Aminoach served as President and CEO of Bank Leumi from May 1, 2012, to October 2019. In 2024 Rakefet joined the board of BNY. Russak-Aminoach was named in Fortune Magazine's "100 Most Powerful Women in Business" list three times (2015, 2016, 2018), She was also named one of American Banker's 2024 Most Influential Women in Fintech. Rakefet is considered a pioneer in the digital banking field and is known for launching Pepper, Israel's first mobile-only bank. Early life and education Russak-Aminoach was born and raised in Tel Aviv, Israel. She is the daughter of Rachel and Shmuel Russak, CPA, and the second of three daughters. After completing high school, Russak-Aminoach immediately began her academic studies at Tel Aviv University, within the framework of ''Atuda'', the Israeli military's Academic Reserves Program. After gr ...
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Generative Artificial Intelligence
Generative artificial intelligence (Generative AI, GenAI, or GAI) is a subfield of artificial intelligence that uses generative models to produce text, images, videos, or other forms of data. These models Machine learning, learn the underlying patterns and structures of their training data and use them to produce new data based on the input, which often comes in the form of natural language Prompt (natural language), prompts. Generative AI tools have become more common since an "AI boom" in the 2020s. This boom was made possible by improvements in transformer (machine learning model), transformer-based deep learning, deep neural networks, particularly large language models (LLMs). Major tools include chatbots such as ChatGPT, Microsoft Copilot, Copilot, Gemini (chatbot), Gemini, Grok (chatbot), Grok, and DeepSeek (chatbot), DeepSeek; text-to-image models such as Stable Diffusion, Midjourney, and DALL-E; and text-to-video models such as Sora (text-to-video model), Sora and Veo ...
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Consumer Electronics Show
CES (; formerly an initialism for Consumer Electronics Show) is an annual trade show organized by the Consumer Technology Association (CTA). Held in January at the Las Vegas Convention Center in Winchester, Nevada, United States, the event typically hosts presentations of new products and technologies in the consumer electronics industry. History The first CES was held in June 1967 in New York City. It was a spin-off of the Chicago Music Show which, until then, had served as the main event for exhibiting consumer electronics. The event had 17,500 attendees and over 100 exhibitors; the kickoff speaker was Motorola chairman Bob Galvin. From 1978 to 1994, CES was held twice each year: once in January in Las Vegas as the ''Winter Consumer Electronics Show'' (WCES) and once in June in Chicago as the ''Summer Consumer Electronics Show'' (SCES). The winter show was held in Las Vegas in 1995 as planned. However, since the summer Chicago shows were beginning to lose popularity, the ...
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Edge AI
Edge computing is a distributed computing model that brings computation and data storage closer to the sources of data. More broadly, it refers to any design that pushes computation physically closer to a user, so as to reduce the latency compared to when an application runs on a centralized data centre. The term began being used in the 1990s to describe content delivery networks—these were used to deliver website and video content from servers located near users. In the early 2000s, these systems expanded their scope to hosting other applications, leading to early edge computing services. These services could do things like find dealers, manage shopping carts, gather real-time data, and place ads. The Internet of Things (IoT), where devices are connected to the internet, is often linked with edge computing. Definition Edge computing involves running computer programs that deliver quick responses close to where requests are made. Karim Arabi, during an IEEE DAC 2014 keynote ...
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Mellanox Technologies
Mellanox Technologies Ltd. () was an Israeli-American multinational supplier of computer networking products based on InfiniBand and Ethernet technology. Mellanox offered adapters, switches, software, cables and silicon for markets including high-performance computing, data centers, cloud computing, computer data storage and financial services. On March 11, 2019, Nvidia announced its intent to acquire the company for $6.9 billion. The deal closed on April 27, 2020, with approval from the EU, U.S. and Chinese antitrust authorities. The company was integrated into Nvidia's networking division in 2020 and Nvidia stopped using the brand name "Mellanox" for its new networking products. History 1999–2009 Mellanox was founded in May 1999 by former Israeli executives of Intel Corporation and Galileo Technology (which was acquired by Marvell Technology Group in October 2000 for $2.8 billion) Eyal Waldman, Shai Cohen, Roni Ashuri, Michael Kagan, Evelyn Landman, Eitan Zahavi, Shimon ...
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Intel Corporation
Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, and incorporated in Delaware. Intel designs, manufactures, and sells computer components such as central processing units (CPUs) and related products for business and consumer markets. It is one of the world's largest semiconductor chip manufacturers by revenue, and ranked in the ''Fortune'' 500 list of the largest United States corporations by revenue for nearly a decade, from 2007 to 2016 fiscal years, until it was removed from the ranking in 2018. In 2020, it was reinstated and ranked 45th, being the 7th-largest technology company in the ranking. It was one of the first companies listed on Nasdaq. Intel supplies microprocessors for most manufacturers of computer systems, and is one of the developers of the x86 series of instruction sets found in most personal computers (PCs). It also manufactures chipsets, network interface controllers, fl ...
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Tel-Aviv
Tel Aviv-Yafo ( or , ; ), sometimes rendered as Tel Aviv-Jaffa, and usually referred to as just Tel Aviv, is the most populous city in the Gush Dan metropolitan area of Israel. Located on the Israeli Mediterranean coastline and with a population of 495,600, it is the economic and technological center of the country and a global high tech hub. If East Jerusalem is considered part of Israel, Tel Aviv is the country's second-most-populous city, after Jerusalem; if not, Tel Aviv is the most populous city, ahead of West Jerusalem. Tel Aviv is governed by the Tel Aviv-Yafo Municipality, headed by Mayor Ron Huldai, and is home to most of Israel's foreign embassies. It is a beta+ world city and is ranked 53rd in the 2022 Global Financial Centres Index. Tel Aviv has the third- or fourth-largest economy and the largest economy per capita in the Middle East. Tel Aviv is ranked the 4th top global startup ecosystem hub. The city currently has the highest cost of living in the world ...
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