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1.50B

About Carasso Motors

Carasso Motors engages in the import and sale of automobiles in Israel. The company offers new and used cars; and various financing programs.

Carasso Motors Headquarter Location

Ram Park Logistics Center PO Box 90

Bnei Ayish,

Israel

Latest Carasso Motors News

AI Chipmaker Hailo Raises $136 Million to Expand Edge AI Solutions

Oct 13, 2021

October 12, 2021 TEL AVIV, Israel, Oct. 12, 2021 — Leading AI chipmaker  Hailo  today announced it has raised $136 million in a Series C funding round led by Poalim Equity and Gil Agmon. The round was joined by existing investors, including prominent Israeli entrepreneur and Hailo Chairman Zohar Zisapel, Swiss-based ABB Technology Ventures (ATV), London’s Latitude Ventures, Israel’s OurCrowd, and new investors, including Carasso Motors, Comasco, Shlomo Group, Talcar Corporation Ltd., and Automotive Equipment (AEV) [Machshiri Tnua]. In addition, Mooly Eden, former Senior VP at Intel Corporation, will join Hailo’s board of directors, and Eyal Waldman, Co-Founder and former CEO of Mellanox Technologies, will join its advisory board. The round brings Hailo’s total funding to $224 million. In a world with skyrocketing demand for advanced, intelligent AI chips for countless industries, this funding will be used to address surging interest in the  Hailo-8  AI Processor for Edge Devices, allowing the company to further develop its next-generation products and expand into both new and existing global markets. “We are honored by this milestone round for an edge AI chip company and will use these significant resources to accelerate our aggressive plan to make advanced AI edge solutions more accessible to industries across the globe,” said Orr Danon, CEO and Co-Founder of Hailo. “This tremendous support is a testament to our unparalleled edge AI product line, and we look forward to empowering even smarter and swifter devices, and thus, a more robust future powered by AI.” With a unique, reimagined architecture based on the neural networks of the human brain, the Hailo-8 delivers the same performance for smart devices as that provided by large data center computers, paving the way for a future of smarter edge products. Hailo’s chip enables enterprises to harness the power of AI at lower costs and higher efficiency. In light of ever-expanding demand, Hailo has been consistently expanding its product line, recently launching both its M.2 and Mini PCIe  high-performance AI acceleration modules for empowering edge devices. “In the coming years, AI will become the defining feature for creating new business value and reshaping user experience as we know it. The ability to bring AI-based features to market will increasingly be the deciding factor over whether companies succeed or fail,” said former Intel executive Mooly Eden. “Hailo’s innovative and hyper-efficient processor architecture addresses the growing demand for a new kind of chip to handle these new types of workloads, challenging traditional computing solutions.” Hailo has doubled its customer base to more than 100 clients over the last two fiscal quarters of 2021 as more enterprises seek out AI solutions that empower sensors and smart devices at lower costs, lower energy, and greater power. The company has expanded its presence globally over the last year, opening offices in  Tokyo , Taipei, Munich, and Silicon Valley. In addition, Hailo recently announced a partnership with  Macnica , a leading global semiconductor distributor in Japan. About Hailo Hailo, an AI-focused, Israel-based chipmaker, has developed a specialized Artificial Intelligence (AI) processor that delivers the performance of a data center-class computer to edge devices. Hailo’s AI processor reimagines traditional computer architecture, enabling smart devices to perform sophisticated deep learning tasks such as object detection and segmentation in real time, with minimal power consumption, size, and cost. Supported by its Hailo-8 M.2 and Mini PCIe high-performance AI acceleration modules, the deep learning processor is designed to fit into a multitude of smart machines and devices, impacting a wide variety of sectors including automotive, industry 4.0, smart cities, smart homes, and retail. Source: Hailo October 12, 2021 The SC21 Invited Talks will be held over three days starting on Nov. 16 through Nov. 18, 2021, in St. Louis, Missouri.The SC21 team has provided a lineup of the talks including days and times. At Invited Talk Read more… October 12, 2021 Over the last year, the HPC community has been buzzing with the possibility of a National Strategic Computing Reserve (NSCR). An in-utero brainchild of the COVID-19 High-Performance Computing Consortium, an NSCR would se Read more… October 12, 2021 What’s the best path forward for large-scale chip/system integration? Good question.Cerebras has set a high bar with its wafer scale engine 2 (WSE-2); it has 2.6 trillion transistors, including 850,000 cores, and w Read more… October 12, 2021 In this regular feature, HPCwire highlights newly published research in the high-performance computing community and related domains. From parallel programming to exascale to quantum computing, the details are here. Read more… October 9, 2021 X chromosome inactivation equalizes the active X chromosomes between mammals with two X chromosomes and mammals with one X and one Y chromosome – however, the mechanisms of this inactivation have not been understood at Read more… AWS Solution Channel October 8, 2021 The University of Nebraska-Lincoln is seeking $75 million in federal relief funds to advance two proposals: a $50 million expansion of its Holland Computing Center and $25 million for a related facility to advance public Read more… October 12, 2021 Over the last year, the HPC community has been buzzing with the possibility of a National Strategic Computing Reserve (NSCR). An in-utero brainchild of the COVI Read more… October 12, 2021 What’s the best path forward for large-scale chip/system integration? Good question.Cerebras has set a high bar with its wafer scale engine 2 (WSE-2); it Read more… October 7, 2021 One year after taking the post as executive director of the EuroHPC JU, Anders Dam Jensen reviews the project's accomplishments and details what's ahead as EuroHPC's operating period has now been extended out to the year 2027. Read more… October 6, 2021 The University of Bath is upgrading its HPC infrastructure, which it says “supports a growing and wide range of research activities across the University.” Read more… October 5, 2021 The U.S. National Strategic Computing Initiative (NSCI), launched in the summer of 2015 by executive order (EE) of the Obama Administration, was intended to be Read more… October 4, 2021 Taking those questions in reverse order, Aliro Quantum is a young Harvard lab spin-out seeking to deliver the quantum networking technology many believe is crit Read more… October 1, 2021 Last year, Summit was one of the first major supercomputing deployments in the fight against COVID-19, heralding a deluge that crescendoed with the cumulative efforts of virtually every research system in the world. While news around COVID-oriented supercomputing research... Read more… September 30, 2021 Four years after the introduction of Loihi, Intel’s first neuromorphic chip, the company is introducing its successor. According to Intel, the second-generation chip will provide faster processing, higher resource density and greater energy efficiency. Intel is also introducing Lava, a software framework for neuromorphic computing. Read more… June 22, 2021 In spring 2019, Tesla made cryptic reference to a project called Dojo, a “super-powerful training computer” for video data processing. Then, in summer 2020, Tesla CEO Elon Musk tweeted: “Tesla is developing a [neural network] training computer... Read more… August 20, 2021 Two months ago, Tesla revealed a massive GPU cluster that it said was “roughly the number five supercomputer in the world,” and which was just a precursor to Tesla’s real supercomputing moonshot: the long-rumored, little-detailed Dojo system. Read more… August 27, 2021 Esperanto Technologies made waves last December when it announced ET-SoC-1, a new RISC-V-based chip aimed at machine learning that packed nearly 1,100 cores onto a package small enough to fit six times over on a single PCIe card. Now, Esperanto is back, silicon in-hand and taking aim... Read more… June 21, 2021 The Rocky Enterprise Software Foundation (RESF) is announcing the general availability of Rocky Linux, release 8.4, designed as a drop-in replacement for the soon-to-be discontinued CentOS. The GA release is launching six-and-a-half months... Read more… September 29, 2021 At the Advanced Scientific Computing Advisory Committee (ASCAC) meeting, held by Zoom this week (Sept. 29-30), it was revealed that the Frontier supercomputer is currently being installed at Oak Ridge National Laboratory in Oak Ridge, Tenn. The staff at the Oak Ridge Leadership... Read more… August 10, 2021 Intel reported in a blog this week that its adoption of the open source LLVM architecture for Intel’s C/C++ compiler is complete. The transition is part of In Read more… August 25, 2021 The emergence of data processing units (DPU) and infrastructure processing units (IPU) as potentially important pieces in cloud and datacenter architectures was Read more… More Editor's Picks September 1, 2021 In the heated, oft-contentious, government IT space, HPE has won a massive $2 billion contract to provide HPC and AI services to the United States’ National Security Agency (NSA). Following on the heels of the now-canceled $10 billion JEDI contract (reissued as JWCC) and a $10 billion... Read more… January 13, 2021 The rapid adoption of Julia, the open source, high level programing language with roots at MIT, shows no sign of slowing according to data from Julialang.org. I Read more… June 1, 2020 The biggest cool factor in server chips is the nanometer. AMD beating Intel to a CPU built on a 7nm process node* – with 5nm and 3nm on the way – has been i Read more… July 13, 2021 IBM yesterday announced a proof for a quantum ML algorithm. A week ago, it unveiled a new topology for its quantum processors. Last Friday, the Technical Univer Read more… September 22, 2021 The latest round of MLPerf inference benchmark (v 1.1) results was released today and Nvidia again dominated, sweeping the top spots in the closed (apples-to-ap Read more… July 14, 2021 After more than a decade of planning, the United States’ first exascale computer, Frontier, is set to arrive at Oak Ridge National Laboratory (ORNL) later this year. Crossing this “1,000x” horizon required overcoming four major challenges: power demand, reliability, extreme parallelism and data movement. Read more… July 27, 2021 What's a preeminent chip company to do when its process node technology lags the competition by (roughly) one generation, but outmoded naming conventions make i Read more…

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