Blaize, an AI computing supplier using edge computing options, is about to start buying and selling on Nasdaq underneath the ticker symbols “BZAI” and “BZAI.W” on January 14, 2025.
The buying and selling follows the anticipated completion of a enterprise mixture with BurTech Acquisition Corp. on January 12, 2025. Blaize focuses on AI-enabled edge computing options and goals to steer in bringing AI know-how to numerous sectors.
“We’re thrilled with approval to listing from Nasdaq and the prospects of a long-standing partnership with its market of traders,” says Dinakar Munagala, CEO of Blaize. “This marks the start of a brand new chapter in Blaize’s journey, one the place we proceed to paved the way in bringing synthetic intelligence to the sting.”
The approval to listing on Nasdaq is seen as a major alternative for Blaize within the edge AI market.
Blaize has raised over $330 million from notable traders, together with DENSO and Mercedes-Benz AG. The corporate has a world presence with over 200 workers and workplaces in a number of nations.
BurTech is a special-purpose acquisition firm targeted on partnering with modern companies to reinforce their public market success.
Blaize offers a full-stack programmable processor structure suite and low-code/no-code software program platform that allows AI processing options for high-performance computing on the community’s edge and within the knowledge middle.
Blaize additionally lately partnered with Vantiq to launch the Blaize AI Orchestration Platform, combining AI-enabled edge computing with clever software program.
Associated
AI Chips | AI/ML | Blaize | IPO