Electronics Weekly Electronics Design & Components Tech News
The company had previously raised $224 million.
Blaize’s programable processor architecture and low-code/no-code software platform solutions enable enterprises to deliver AI capabilities at both the edge and in the data centre.
The Blaize architecture includes its software suite composed of Blaize AI Studio and Blaize Picasso SDK providing customers with a user-friendly and flexible means to swiftly develop and deploy applications at a highly optimised total cost of ownership.
“This investment lends further credence to our thesis that edge AI is revolutionizing all industries, and we are supercharging our roadmap to deliver its promise,” said Dinakar Munagala, CEO of Blaize. “Blaize has always focused on solving real customer problems and empowering developers and innovators. Our current and next-generation offerings will deliver value across all AI applications, including computer vision, transformers, and multimodal Generative AI. Our unique, fully programable approach makes us ready for the unknown. This is ideal in the fast-changing AI applications landscape, de-risking and reducing cost for our customers, scaling from the edge to the data center, with one uniform and complete hardware and software solution.”
In December 2023, Blaize announced its intention to go public through a SPAC deal with Nasdaq-listed BurTech Acquisition Corp (“BurTech”).
This funding will strengthen the company’s balance sheet and accelerate the Blaize roadmap for AI computing products from the edge to the data centre.
The company expects to use the financing to capitalize on its current technology and strengthen its position in the market in hardware and software for automotive, computer vision, AI inference, and generative AI.
