Blaize, which develops artificial intelligence-supported chips, received an investment of $ 106 million

It is a startup that develops artificial intelligence-supported chips. Blaizereceived a new investment announced. According to the information provided by Blaize, the company received an investment of 106 million dollars.

Blaize’s $106 million investment tour, Bess Ventures, Franklin Templeton, DENSO, Mercedes Benz ve TemasekIt was held under the joint leadership of . Among the other participants of the investment tour: Rizvi Traverse, Ava Investors ve BurTech is also included.

Blaize last received an investment of $71 million in July 2021, led by Franklin Templeton and Temasek Holdings. With the new investment of 106 million dollars received, the total investment received by the Blaize initiative to date is for 224 million dollars reached. According to the information provided by Blaize, the company will use the new investment received for product development activities.

in 2010 Dinakar Munagala, Ke Yin, Satyaki Koneru and Val Cook Founded in the USA by Blaize, it focuses on artificial intelligence-supported chips. Blaize, which develops artificial intelligence-supported chips especially for data centers and end devices, serves many sectors such as automotive, mobility, retail, security, industrial automation and healthcare. Artificial intelligence chips developed by Blaize offer better power efficiency than their competitors.

Let us also share that Blaize aims to make a public offering in the near future. Last December, the company Public offering with SPAC management announced that it will do so. Currently, there is no information regarding when the public offering will take place or the valuation of the company.