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Blaize Holdings Soars 12.42% on $56M Smart City Contract
Generated by AI AgentAinvest Pre-Market Radar
Tuesday, Jul 1, 2025 5:38 am ET1min read
Blaize Holdings' stock surged by 12.42% in pre-market trading on July 1, 2025, marking a significant rise in investor confidence.
Blaize Holdings has secured a $56 million contract to deploy edge AI across Southeast Asia's smart cities. This deployment, which begins in the second quarter of 2025 and continues through 2026, will support a broad range of smart city applications including traffic monitoring and urban infrastructure management. The solution's hybrid AI architecture enables seamless coordination between edge inference and centralized analytics, which is essential for dynamic urban environments.
This significant contract win is expected to drive growth and innovation in the company's AI solutions, further solidifying its position in the smart city technology sector. The deployment will power real-time public safety and infrastructure systems, enhancing the efficiency and safety of urban environments across the region.
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