financetom
Business
financetom
/
Business
/
Blaize Gets Contract for AI Infrastructure in Asia
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Blaize Gets Contract for AI Infrastructure in Asia
Jul 17, 2025 2:35 PM

05:20 PM EDT, 07/17/2025 (MT Newswires) -- Blaize ( BZAI ) said late Thursday its hybrid AI platform will be deployed in collaboration with Starshine Computing Power Technology, a provider of AI infrastructure in Asia, with initial phase beginning in fiscal Q3 and continuing through 2026.

The agreement carries a minimum value of $120 million in revenue over an initial 18-month term, with initial focus on deploying its hybrid AI for smart city applications, the firm said.

The stock was up over 50% in extended trading.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
OpenAI to introduce ads to all ChatGPT free and Go users in US
OpenAI to introduce ads to all ChatGPT free and Go users in US
Mar 21, 2026
March 21 (Reuters) - OpenAI will begin showing ads to all users of the free and Go versions of ChatGPT in the United States in the coming weeks, a company spokesperson said in an emailed statement to Reuters. The move was first reported by The Information. OpenAI has recently integrated Criteo, an advertising technology firm that provides an interface for...
Brazil's CSN signs commitment letter for up to $1.4 billion loan
Brazil's CSN signs commitment letter for up to $1.4 billion loan
Mar 21, 2026
SAO PAULO, March 21 (Reuters) - Brazilian steelmaker CSN said on Saturday it has signed a binding commitment letter with a group of banks for a new syndicated secured credit facility of $1.2 billion, with the potential to increase to $1.4 billion. The move is part of a broader deleveraging plan announced in January, CSN said in a securities filing,...
Volkswagen CEO tells newspaper German carmakers should look to Chinese planning
Volkswagen CEO tells newspaper German carmakers should look to Chinese planning
Mar 21, 2026
BERLIN, March 22 (Reuters) - Germany's car industry could learn from China's disciplined industrial planning, Volkswagen CEO Oliver Blume said in an interview released on Sunday, as the automaker pushes ahead with deep restructuring to stay competitive. The Chinese proceed in a very planned way ... and have clear priorities - it is structured in an optimal way, Blume told...
OpenAI to expand ads on ChatGPT to all free and low-cost users, The Information reports
OpenAI to expand ads on ChatGPT to all free and low-cost users, The Information reports
Mar 21, 2026
March 21 (Reuters) - OpenAI has told advertising agencies it is increasing the number of users shown ads, with ChatGPT set to display ads to all users on its free and low-cost versions in the coming weeks, The Information reported on Saturday, citing people briefed on the matter. Reuters could not immediately verify the report. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved