Shares of Blaize Holdings, Inc. (NASDAQ:BZAI) surged 100% after the edge AI computing firm unveiled a major international deal that is expected to generate at least $120 million in revenue over the next 18 months.
The agreement, signed with Starshine Computing Power Technology Limited, will bring Blaize’s Graph Streaming Processor (GSP) platform to smart city applications throughout Asia. The rollout is scheduled to begin in the third quarter of fiscal 2025 and continue into 2026, targeting markets such as India, Indonesia, Japan, South Korea, and China.
“This is the beginning of real-world AI infrastructure at scale,” said Dinakar Munagala, co-founder and CEO of Blaize. “Asia represents a $112B opportunity for next generation intelligent systems, and inference is leading the charge.”
The project will leverage a hybrid model that combines Blaize’s GSP inference accelerators with GPU-based systems, aiming to reduce energy consumption and ownership costs while enhancing edge-based real-time processing.
The initial focus will be on smart city infrastructure, but the companies plan to expand into additional industries such as retail security, industrial automation, and agri-tech, supported by a rapid software development cycle.
“Hybrid AI is no longer an experiment; it’s infrastructure. Blaize delivers exactly what our customers demand: flexibility, power efficiency, multimodal support, and scalability,” said Teng Ma, Chairman of Starshine.
The partnership marks a significant step in the deployment of large-scale AI systems across Asia’s rapidly evolving tech landscape.
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