Israel-based AI chipmaker Hailo raised a $120M Series C extension from Israeli firms and family offices at a $1.2B valuation, taking its total funding to $340M (Saritha Rai/Bloomberg)

Saritha Rai / Bloomberg:

Israel-based AI chipmaker Hailo raised a $120M Series C extension from Israeli firms and family offices at a $1.2B valuation, taking its total funding to $340M  —  – Startup raised $340 million to date and valued at $1.2 billion  — New Hailo-10 AI processor consumes less power, company says