Paravision Teams With AI Chipmaker Hailo

Paravision has announced a partnership with Hailo, a chipmaker specializing in edge device applications. Their collaboration will bring Paravision’s facial recognition technology to Hailo’s processors.

Paravision has enjoyed a rising profile in the biometrics industry. In recent months, the company has been focused on age assurance solutions, announcing a partnership with Persona in November of 2023 and launching an age estimation tool last month.

Perhaps more importantly, however, is the fact that Paravision has established itself as a leading facial recognition developer in independent testing by the National Institute of Standards and Technology. Indeed, in recent NIST rankings, Paravision was the only Western vendor ranked in the top five for accuracy.

Hailo, meanwhile, is an up-and-comer in AI computing, and has a footing of its own in the biometrics space, thanks to Taiwan-based QNAP Systems’ integration of its chip technology into its QVR Face facial recognition system last year. Hailo recently announced that it had closed a $120 million Series C funding round, with its total funding now exceeding $340 million.

In announcing its new partnership with Hailo, Paravision highlighted the latter’s Hailo-8 AI accelerator chip and its Hailo-15 family of computer vision processors. “By harnessing Hailo’s breakthrough technology, Paravision’s face recognition products will bring real-time, high-precision face recognition to edge devices such as smart cameras, IoT devices, and access control systems,” the company said.

Indeed, Paravision went on to assert that their combined solution is “already winning with high-volume, industry-leading partners” including Vicon Industries, a provider of security and surveillance solutions.

Vicon’s SVP of Product Management, Haim Shain, said that Paravision and Hailo’s combined technology “has transformed the way we are approaching the next generation of physical security,” adding, “Our security systems now deliver lightning-fast identification and unmatched accuracy, all while supporting the utmost privacy of our clients’ data.”

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April 10, 2024 – by Alex Perala