Blaize Raises $106M to Enhance AI Computing Solutions and Prepares for Public Offering.
Blaize specializes in edge AI computing solutions for a broad range of applications.
Company Name: Blaize
Location: El Dorado Hills, CA
Sector: AI Computing
Funding Details: Raised $106M from Bess Ventures, Franklin Templeton, DENSO, Mercedes Benz, Temasek, Rizvi Traverse, Ava Investors, and BurTech LP LLC.
Purpose of Investment: To consolidate its market position in hardware and software for automotive, computer vision, AI inference, and generative AI.
Leadership: Led by Dinakar Munagala, CEO.
Product: Blaize provides full-stack AI computing solutions that are adaptable across various industries including automotive, mobility, retail, security, and healthcare. The company’s innovative processor architecture and low-code/no-code software platforms facilitate AI deployment at the network edge and data centers, optimizing real-time insights and decisions.
About Company: Blaize specializes in edge AI computing solutions for a broad range of applications. With over 200 employees globally, it maintains operations in the U.S., UK, India, and UAE. Blaize is also in the process of going public through a merger with BurTech Acquisition Corp.
