Today, Blaize Holdings, Inc. (“Blaize”) (Nasdaq:BZAI), a
provider of purpose-built, artificial intelligence (“AI”)-enabled
edge computing solutions, announced a strategic partnership with
alwaysAI, a leader in computer vision solutions. This collaboration
will integrate alwaysAI's advanced computer vision technology and
remote deployment capabilities with Blaize's cutting-edge chipsets
and edge devices, making seamless edge deployments more accessible
for enterprises worldwide.
As businesses demand real-time insights and greater operational
efficiency, this partnership seeks to address this need with
innovative physical AI solutions. AlwaysAI’s computer vision
applications excel in the real-time detection of people, objects,
and events for diverse sectors like automotive, retail,
manufacturing, healthcare, and more. The collaboration will enable
Blaize's customers to achieve operational efficiency and
productivity in real time.
Deploying computer vision applications at the edge provides
enhanced security and data protection by processing data locally on
Blaize’s edge devices, mitigating data breach risks and
safeguarding sensitive information. This localized processing
accelerates decision-making, reduces latency, and delivers
real-time insights to drive substantial improvements in operational
efficiency.
We expect this partnership will enable businesses to easily
deploy alwaysAI’s computer vision applications on Blaize's edge
computing platforms, facilitating real-time processing and
analytics directly at the source. The seamless integration of
alwaysAI’s remote deployment capabilities with Blaize’s advanced
hardware will ensure that enterprises can receive and act on this
data securely at the edge.
"We are thrilled to partner with Blaize to leverage their
high-quality chipsets and edge devices," said Marty Beard,
Co-Founder and CEO of alwaysAI. "This partnership allows us to
expand our advanced computer vision applications, making deployment
at the edge even more efficient and accessible for
enterprises."
"Blaize is committed to providing high-performance AI edge
computing solutions, and partnering with alwaysAI allows us to
enhance our offerings with robust computer vision capabilities,"
said Dinakar Munagala, Co-Founder and CEO of Blaize. "Together, we
will enable our customers to unlock new insights and capabilities,
improving their operational effectiveness and protecting their
data."
About Blaize
Blaize provides a full-stack programmable processor architecture
suite and low-code/no-code software platform that enables AI
processing solutions for high-performance computing at the
network’s edge and in the data center. Blaize solutions deliver
real-time insights and decision-making capabilities at low power
consumption, high efficiency, minimal size and low cost. Blaize has
raised over $330 million from strategic investors such as DENSO,
Mercedes-Benz AG, Magna, and Samsung and financial investors such
as Franklin Templeton, Temasek, GGV, Bess Ventures, BurTech LP LLC,
Rizvi Traverse, and Ava Investors. Headquartered in El Dorado Hills
(Calif.), Blaize has more than 200 employees worldwide with teams
in San Jose (Calif.) and Cary (N.C.), and subsidiaries in Hyderabad
(India), Leeds and Kings Langley (UK), and Abu Dhabi (UAE).
About alwaysAI®
AlwaysAI® offers world-class, customizable computer vision
solutions that provide the real-time, actionable data needed to
help businesses across all industries improve their operations. We
help you work smarter. For more information, schedule a meeting
with an AI Expert.
Cautionary Statement Regarding Forward Looking
Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the U.S. Securities Act of 1933, as
amended (the “Securities Act”), and Section 21E of the U.S.
Securities Exchange Act of 1934, as amended (the “Exchange Act”)
that are based on beliefs and assumptions and on information
currently available to Blaize, including statements regarding the
industry in which Blaize operates, market opportunities, and
product offerings. In some cases, you can identify forward-looking
statements by the following words: “may,” “will,” “could,” “would,”
“should,” “expect,” “intend,” “plan,” “anticipate,” “believe,”
“estimate,” “predict,” “project,” “potential,” “continue,”
“ongoing,” “target,” “seek” or the negative or plural of these
words, or other similar expressions that are predictions or
indicate future events or prospects, although not all
forward-looking statements contain these words. Forward-looking
statements are predictions, projections and other statements about
future events that are based on current expectations and
assumptions and, as a result, are subject to risks and
uncertainties. Many factors could cause actual future events to
differ materially from the forward-looking statements in this
document, including but not limited to: (i) changes in domestic and
foreign business, market, financial, political and legal
conditions; (ii) the expected benefits of the Blaize’s business
combination with BurTech Acquisition Corp. (the “Business
Combination”) are not obtained; (iii) the ability to meet stock
exchange listing standards following the consummation of the
Business Combination; (iv) the risk that the Business Combination
disrupts current plans and operations of Blaize as a result of the
consummation of the Business Combination; (v) failure to realize
the anticipated benefits of the Business Combination, which may be
affected by, among other things, competition, the ability of the
combined company to grow and manage growth profitably, maintain
relationships with customers and suppliers and retain its
management and key employees; (vi) costs related to the Business
Combination; (vii) changes in applicable law or regulations; (viii)
the outcome of any legal proceedings that may be instituted against
Blaize; (ix) the effects of competition on Blaize’s future
business; (x) the ability of the combined company to issue equity
or equity-linked securities or obtain debt financing; (xi) the
enforceability of Blaize’s intellectual property rights, including
its copyrights, patents, trademarks and trade secrets, and the
potential infringement on the intellectual property rights of
others; and (xii) those factors discussed under the heading “Risk
Factors” in the definitive proxy statement/prospectus filed on
December 6, 2024 by Blaize Holdings, Inc. and other documents
filed, or to be filed, by Blaize Holdings, Inc. with the SEC.
Nothing in this communication should be regarded as a
representation by any person that the forward-looking statements
set forth herein will be achieved or that any of the contemplated
results of such forward-looking statements will be achieved. You
should not place undue reliance on forward-looking statements,
which speak only as of the date they are made. Blaize does not
undertake any duty to update these forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20250116163192/en/
Media Contact: Chloe Beard alwaysAI chloe.beard@alwaysai.co
Leo Merle Blaize info@blaize.com
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