Shares of Blaize Holdings Inc (NASDAQ:BZAI) are soaring Friday afternoon following the announcement of a landmark collaboration with Starshine Computing Power Technology, an Asian AI infrastructure provider. The agreement carries a minimum value of $120 million over its initial 18-month term.
What To Know: The partnership will deploy Blaize’s hybrid AI platform across Asia, beginning in fiscal the third-quarter of 2025. The initiative targets the rapidly growing demand for real-time, localized AI solutions to power smart cities, industrial automation and intelligent public services. The initial focus will be on smart city applications in key countries, including India, Indonesia, Japan, South Korea and China.
