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#processor

Hailo, a company developing a proprietary chip for deep learning on edge devices, completed a $12.5 million Series A round. The company's investors include Ourcrowd.com, Maniv Mobility, the Drive accelerator fund Next Gear, as well as angel investors Hailo Chairman Zohar Zisapel and Delek Motors

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Payments company YapStone announced the first closing in a Series C funding round, raising $71 million. Premji Invest led the round and was joined by several high-profile investors, including Mastercard and existing investors Accel and Meritech Capital Partners. YapStone's configurable payment system enables marketplace and software

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Today a new company, Ampere, was launched with a goal of the building processors to improve memory performance, cost, space and power constraints for emerging hyperscale cloud applications and next-generation data centers. The company is backed by The Carlyle Group, the global alternative asset management

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Graphcore announced a $50 million Series C funding round by Sequoia Capital, as the machine intelligence company prepares to ship its first intelligence processing unit products to early access customers in 2018. The Series C round will be dedicated to scaling up production, building a

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