Blaize: The First AI Chip Startup Set to Go Public in 2025

Blaize: The First AI Chip Startup Set to Go Public in 2025
Blaize, an AI chip startup founded by former Intel engineers, is preparing for its NASDAQ debut via a SPAC deal, marking it as the first in its sector to go public in 2025. The company has raised $335 million from notable investors, including Samsung and Mercedes-Benz, and aims to manufacture chips for edge applications. Despite losing $87.5 million on $3.8 million in revenue last year, Blaize has $400 million in potential deals lined up. CEO Dinakar Munagala emphasizes a shift towards AI integration in smart products, distinguishing Blaize from larger data center-focused competitors.