SiMa.ai raises $70m funding for generative edge AI platform

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SiMa.ai, a software-centric, embedded edge machine learning system-on-chip company, has raised an additional $70m of funding led by Maverick Capital, with participation from Point72 and Jericho, as well as existing investors Amplify Partners, Dell Technologies Capital, Lip-Bu Tan and others.

SiMa.ai will utilise the $270m raised to date to continue meeting customer demand for edge AI/ML with its first-generation Machine Learning System-on-Chip (MLSoC) while accelerating the...

Hailo closes $120m funding round and debuts Hailo-10

Hailo, a chipmaker of edge artificial intelligence (AI) processors, has extended its series C fundraising round with an additional investment of $120 million.

At the same time, the company has introduced its innovative Hailo-10 high-performance generative AI (GenAI) accelerators that usher in an era in which users can own and run GenAI applications locally without registering to cloud-based GenAI services.

The new funding round was led by current and new investors...

Thales teams up with Neural Labs to support AI-powered smart cities

Thales, a specialist in software monetisation and licensing, has expanded its partnership with Neural Labs, a company that provides video analysis for Smart Cities and AI-based Intelligent Transportation Systems (ITS), to enable secure, efficient, and practical solutions for vehicle access control and logistical planning.

Thales’ Sentinel platform provides services for software licensing, entitlement management, delivery, and protection – helping Neural Labs to quickly and...

Supermicro joins forces with NVIDIA to expand its edge AI portfolio

Supermicro is expanding its portfolio of AI solutions, allowing customers to leverage the power and capability of AI in edge locations, such as public spaces, retail stores, or industrial infrastructure.

Supermicro believes that using its application-optimised servers with NVIDIA GPUs makes it easier to fine-tune pre-trained models, and for AI inference solutions to be deployed at the edge where the data is generated, improving response times and...

Vapor IO launches ‘Monetize the AI Edge’ program

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Vapor IO, creators of the Kinetic Grid platform and specialist in edge networking and real-time, pervasive AI, has unveiled its 'Monetize the AI Edge' partner initiative.

This reseller program is designed to help partners accelerate the availability of real-time AI by delivering bundled AI services via Vapor IO’s shared and neutral host infrastructure.

Tolaga Research has recently completed a report on the addressable market for edge AI across the 36 US markets in...

Lenovo unveils edge AI initiatives across telecoms

MWC MWC has traditionally been the telcos’ playground – and Lenovo is leaning into this with a newly announced series of edge AI collaborations with Deutsche Telekom, Orange, and Telefonica.

The collaborations announced in Barcelona enable the telecom providers to create and deliver a broad array of AI workloads for customers, ranging from automated deployment of edge-to-cloud AI infrastructure, networking, software, orchestration, and management.

Perhaps the most...

Intel’s new platform promises edge performance with cloud simplicity

MWC Intel has announced the launch of a new Intel Edge Platform which aims to enable enterprises to run the gamut of edge and AI application development and deployment at scale – with the promise of ‘cloud-like simplicity.’

The platform, announced at MWC 2024, runs on an edge-native infrastructure which has OpenVino built in; an open source toolkit which accelerates AI inference while maintaining accuracy and optimising hardware use.

The theory is solid. Intel...

Lenovo to unveil portfolio of AI PCs and Far Edge Computing, delivering ‘innovative AI for all’

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Lenovo is gearing up to unveil its latest portfolio of AI devices and infrastructure solutions to date at Mobile World Congress on February 26-29, as well as showcase two new device concepts that challenge the traditional PC and smartphone form factors.

At CES, Lenovo launched its first AI PCs, bringing the technology into its ThinkBook, ThinkPad, Yoga, Legion, and ThinkCentre PC portfolio. With the company’s vision of 'AI for All' at MWC, Lenovo will unveil several new AI PCs...

Edge ROI opportunity strong – with telcos likeliest to foot the bill for infrastructure

Almost three quarters of organisations surveyed primarily across the technology and telecoms value chain have expressed intent to increase investments in edge computing over the coming 12 months.

That is the key finding from a new report by the Automotive Edge Computing Consortium (AECC) alongside GSMA Intelligence. The study polled 400 executives from five industries; mobile operators, network equipment vendors, cloud service providers and IoT service providers and system...

ZEDEDA secures $72m to meet demand for edge AI and computing

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ZEDEDA, a specialist in edge management and orchestration, announced today the closing of $72 million in growth capital, with the Series C round led by Smith Point Capital, founded by former Salesforce Co-CEO Keith Block.

As many of the world’s largest companies launched and scaled their critical edge initiatives, they have standardised on ZEDEDA for their edge management and orchestration requirements. The latest funding enables ZEDEDA to further expand sales and marketing...