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EL DORADO HILLS, Calif. - Blaize Holdings, Inc. (NASDAQ:BZAI, NASDAQ: BZAIW), a $378 million market cap AI technology company that has seen its stock surge over 80% in the past six months, revealed Tuesday that Yotta Data Services is the end customer for its previously announced $56 million edge AI initiative. According to InvestingPro data, the company maintains a strong balance sheet with more cash than debt.
The partnership will deploy Blaize’s AI platform across more than 250,000 cameras throughout India, transforming them into real-time analytics endpoints for public safety and security applications. Initial shipments have begun, with full implementation scheduled through 2026. This expansion aligns with the company’s impressive revenue growth of 114% over the last twelve months, with analysts forecasting continued sales growth of 22% for the current year.
Yotta, described as India’s leading sovereign AI and cloud infrastructure provider, will use Blaize’s technology to power its video surveillance as a service (VSaaS) platform. The system will deliver AI-powered analytics for traffic management, license plate recognition, and public safety monitoring.
"With its unique programmability, multimodal performance, and seamless integration, the Blaize AI Platform gives us the flexibility to scale our Hybrid AI infrastructure," said Darshan Hirandani, Chairman and Co-founder at Yotta, according to the press release.
The deployment represents one of India’s largest edge AI implementations for public infrastructure. Yotta plans to launch its VSaaS platform initially in India before expanding to the Middle East.
Dinakar Munagala, Co-founder and CEO of Blaize, stated that the partnership "marks a new chapter in Hybrid AI infrastructure," establishing a model that could be replicated globally.
The collaboration aims to enable government agencies and enterprises to modernize security operations with cloud-native intelligence, integrating edge inference capabilities with centralized cloud analytics.
Blaize, headquartered in El Dorado Hills, California, specializes in programmable processors for AI applications, while Yotta operates cloud regions from data center parks in Panvel and Greater Noida, India.
The information in this article is based on a press release statement from Blaize Holdings. While the company shows promising growth metrics, InvestingPro analysis indicates a weak overall financial health score, suggesting investors should conduct thorough due diligence. For deeper insights into Blaize’s financial outlook and 12 additional ProTips, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Blaize Holdings Inc. reported its second-quarter 2025 earnings, demonstrating significant revenue growth and a narrowed net loss. The company’s performance exceeded expectations, prompting DA Davidson to reiterate its Buy rating with a $10.00 price target. Similarly, Rosenblatt Securities maintained its Buy rating with a $6.00 price target, emphasizing Blaize’s strong revenue guidance for the upcoming quarter, projected between $11 and $11.5 million. In addition to its financial results, Blaize has entered a strategic partnership with Technology Control Company to enhance AI infrastructure in Saudi Arabia, focusing on energy-efficient solutions for Gulf Cooperation Council industries.
This collaboration includes joint training workshops and the co-development of AI applications. B.Riley also initiated coverage on Blaize with a Buy rating, highlighting the company’s edge AI potential and competitive positioning in the enterprise AI adoption cycle. The firm’s edge-optimized graph streaming processors and software stack are noted for their cost-effectiveness compared to traditional data center GPU training investments. These developments reflect Blaize’s ongoing efforts to strengthen its market position and expand its technological capabilities.
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