Model size and inference speed at deployment time, are major challenges in many deep learning applications. A promising strategy to overcome these challenges is quantization. However, a straightforward uniform quantization to very low precision can result in significant accuracy loss. Mixed-precision quantization, based on the idea that certain parts of the network can accommodate lower precision without compromising performance compared to other parts, offers a potential solution. In this work, we present High Granularity Quantization (HGQ), an innovative quantization-aware training method designed to fine-tune the per-weight and per-activation precision in an automatic way for ultra-low latency and low power neural networks which are to be deployed on FPGAs. We demonstrate that HGQ can outperform existing methods by a substantial margin, achieving resource reduction by up to a factor of 20 and latency improvement by a factor of 5 while preserving accuracy.

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