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Investing.com -- Blaize Holdings Inc (NASDAQ:BZAI) stock surged 9.4% following the company’s announcement of a major contract to deploy its edge AI platform across more than 250,000 intelligent surveillance endpoints in Southeast Asia.
The edge AI computing leader secured a purchase order valued at approximately $56 million, with initial revenue of $6 million expected in the second and third quarters of fiscal 2025. The deployment will begin in the second quarter of 2025 and continue through 2026, supporting smart infrastructure for urban environments, traffic monitoring, and public safety applications.
Blaize’s Graph Streaming Processor and multimodal inference architecture were cited as key factors in securing the contract. The technology enables efficient analytics across mission-critical workloads in a hybrid AI architecture that coordinates edge inference with centralized analytics.
"Blaize’s edge AI platform gave us exactly what we needed to accelerate our next-generation public safety deployments — powerful multimodal processing, seamless integration, and real-time performance," said a senior advisor to a Southeast Asia smart infrastructure initiative. "Its ability to handle multiple sensor types and data streams on a single, efficient system was unmatched."
The systems will power various smart infrastructure applications including traffic management, license plate recognition, speed analytics, and multimodal sensor fusion at the edge.
Dinakar Munagala, Co-founder and CEO of Blaize, called the deal "proof that real-world AI transformation is happening now," noting that it validates the company’s approach to purpose-built, hybrid AI at the physical edge.
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