PYMNTS.com April 29, 2024
Blaize, an artificial intelligence (AI) computing company, has secured $106 million in funding.
The financial infusion is set to propel the company’s efforts in advancing AI and machine learning (ML) technologies across various sectors, Blaize said in a Monday (April 29) press release.
“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,” Blaize CEO Dinakar Munagala said in the release.
With the new capital, Blaize aims to expand its footprint, enhance its product offerings and accelerate the deployment of its AI solutions to meet the growing demand in a variety of markets, according to the release.
Blaize’s technology focuses on delivering AI computing solutions...