Blaize, the AI computing innovator revolutionizing edge and automotive computing solutions, last week announced the closing of a $71m Series D round of funding.
Blaize delivers to customers a distinct fusion of AI hardware and AI Studio end-to-end software platform that leads the industry in productization of high-value knowledge-driven edge computing solutions. Blaize System on Chip (SoCs) for automotive edge and central compute functions are accelerating electric vehicles and future architectural ambitions of automotive OEMs. With substantial power advantages making EVs more efficient and economical, Blaize SoCs offer best in class performance with lower power across in-cabin, out of vehicle, and autonomous operations, enabling a streamlined architectural evolution to centralize compute.
The funding will support acceleration of the product roadmap to meet growing demand for higher performance, lower power, lower cost AI hardware and transformational AI software solutions in automotive, smart retail, smart city and industrial markets. In 2020, Blaize successfully released and built a multi-year pipeline for the first generation Blaize AI edge computing hardware products based on the groundbreaking Blaize GSP architecture, and the Blaize AI Studio end-to-end application lifecycle software platform.
Dinakar Munagala, CEO, Blaize
We are well positioned to accelerate our next generation products and sustain our lead in delivering integrated hardware and software offerings that enable true value creation for our customers.
