WASHINGTON & EL DORADO HILLS, Calif., Jan 13, 2024 – Blaize, Inc., a supplier of synthetic intelligence-enabled edge computing options, and acquisition firm BurTech at the moment introduced that they count on to finish their beforehand introduced enterprise mixture on January 12, 2025. The mixed firm will probably be named “Blaize Holdings, Inc.” and its frequent inventory and warrants are anticipated to start buying and selling on Nasdaq underneath the ticker symbols “BZAI” and “BZAIW,” respectively, on January 14, 2025.
“We’re thrilled with approval to record from Nasdaq and the prospects of a long-standing partnership with its market of traders,” mentioned Dinakar Munagala, CEO of Blaize. “This marks the start of a brand new chapter in Blaize’s journey, one the place we proceed to cleared the path in bringing synthetic intelligence to the sting.”
“The approval for Blaize to commerce on Nasdaq marks a pivotal second, unlocking large alternatives in edge AI throughout sectors like protection, robotics, and autonomous techniques. We’re thrilled to assist Blaize in advancing transformative options that redefine the way forward for AI on the edge,” mentioned Shahal Khan, CEO of BurTech.
About BurTech
BurTech (NASDAQ: BRKH) is a special-purpose acquisition firm devoted to partnering with distinctive companies and offering them with the sources and experience to excel within the public market. With a give attention to delivering long-term worth to stockholders and supporting revolutionary corporations, BurTech is dedicated to creating success tales in expertise industries. With steadfast stockholders, a strong monetary footing, and an unyielding dedication to innovation, BurTech is a visionary drive within the expertise world.
About Blaize
Blaize offers a full-stack programmable processor structure suite and low-code/no-code software program platform that permits AI processing options for high-performance computing on the community’s edge and within the knowledge heart. Blaize options ship real-time insights and decision-making capabilities at low energy consumption, excessive effectivity, minimal measurement, and low price. Blaize has raised over $330 million from strategic traders reminiscent of DENSO, Mercedes-Benz AG, Magna, and Samsung and monetary traders reminiscent of Franklin Templeton, Temasek, GGV, Bess Ventures, BurTech LP LLC, Rizvi Traverse, and Ava Buyers. Headquartered in El Dorado Hills (CA), Blaize has greater than 200 staff worldwide with groups in San Jose (CA) and Cary (NC), and subsidiaries in Hyderabad (India), Leeds and Kings Langley (UK), and Abu Dhabi (UAE).
