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Blaize Holdings Soars 82.51% on $120M AI Contract
Generated by AI AgentAinvest Pre-Market Radar
Friday, Jul 18, 2025 6:43 am ET1min read
Aime SummaryOn July 18, 2025,
experienced a remarkable surge, rising by 82.51% in pre-market trading, marking a significant milestone for the company.Blaize Holdings has secured a substantial contract valued at a minimum of $120 million in revenue over an initial 18-month term. This agreement focuses on deploying Blaize's scalable hybrid AI infrastructure across key Asian markets, including India, Indonesia, Japan, South Korea, and China. The collaboration is set to commence in the third fiscal quarter of 2025 and will continue through 2026, targeting specific AI infrastructure needs in these regions.
The partnership with Starshine Computing Power Technology Limited is a groundbreaking move for Blaize, as it aims to deliver energy-efficient edge AI solutions across Asia. This strategic alliance is expected to drive significant growth and innovation in the AI sector, aligning with the increasing demand for advanced AI infrastructure in the region.
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