Announced
Synopsis
Blaize, a provider of full-stack artificial intelligence solutions for automotive and edge computing in multiple large and rapidly growing markets, agreed to go public via a SPAC merger with BurTech Acquisition, a special purpose acquisition company, in a $894m deal. "This combination with BurTech is a landmark event for Blaize. It positions us perfectly to tackle the exciting challenges and global opportunities in AI computing and processors. We are grateful for the support of our long-term investors and the commitment from BurTech. This enables us to rapidly deploy our proprietary AI solutions across multiple geographies and play a prominent role in shaping the future of sustainable AI innovation,” Dinakar Munagala, Blaize CEO and Co-Founder.
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