Blaize, a global artificial intelligence (AI) computing firm, has on Monday announced it has raised $106 million from investors including Singapore state investment firm Temasek.

Blaize said in a statement that it has also raised the funding from existing investors Bess Ventures, Franklin Templeton, DENSO, Mercedes Benz, and new investors Rizvi Traverse, Ava Investors and BurTech LP LLC.

In December 2023, Blaize announced its intention to go public through a business combination with Nasdaq-listed BurTech Acquisition Corp (BurTech).

This funding will strengthen the company’s balance sheet and accelerate the Blaize roadmap of platforms and solutions for AI computing from the edge to the data center.

The company expects to use the financing to capitalize on its current technology and strengthen its position in the market in hardware and software for automotive, computer vision, AI inference, and generative AI.

“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,” said Dinakar Munagala, Chief Executive Officer of Blaize.

“Blaize has always focused on solving real customer problems and empowering developers and innovators. Our current and next-generation offerings will deliver value across all AI applications, including computer vision, transformers, and multimodal Generative AI,

“Our unique, fully programmable approach makes us ready for the unknown. This is ideal in the fast-changing AI applications landscape, de-risking and reducing cost for our customers, scaling from the edge to the data center, with one uniform and complete hardware and software solution,” he added.

Blaize is a firm provides full-stack AI-enabled computing solutions across diverse and expanding markets, encompassing automotive, mobility, retail, security, industrial automation, healthcare and others.

Its programmable American-made processor architecture and low-code/no-code software platform solutions enable enterprises to rapidly harness the power of AI at the periphery of the network and in the data center.

Blaize previously raised $224 million from strategic investors such as DENSO, Mercedes Benz, Magna, and Samsung and financial investors such as Franklin Templeton, Temasek, GGV, and Bess Ventures.

Headquartered in El Dorado Hills (CA), Blaize has more than 200 employees worldwide with teams in San Jose (Canada), Cary (United States), and subsidiaries in Hyderabad (India), Leeds and Kings Langley (United Kingdom), and Abu Dhabi (United Arab Emirates).

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