Saritha Rai: AI chipmaker Hailo raises $120M at $1.2 billion valuation, as chip startups accelerate growth of artificial intelligence It builds energy-efficient chips for the edge, helping robots, PCs etc handle AI compute needs locally and not via cloud data centers @bloomberg.com tinyurl.com/ycxb63ph #AI

AI chipmaker Hailo raises $120M at $1.2 billion valuation, as chip startups accelerate growth of artificial intelligence It builds energy-efficient chips for the edge, helping robots, PCs etc handle AI compute needs locally and not via cloud data centers @bloomberg.com tinyurl.com/ycxb63ph #AI

AI is a scam. But at least efficient chips are useful, assuming that this isn't just another scam.

Won't the same amount of energy be used, just in a different place?

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