UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported)
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
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| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
| Item 7.01. | Regulation FD Disclosure. |
On January 13, 2025, Blaize Holdings, Inc., a Delaware corporation (the “Company”) issued a press release announcing the closing of the business combination with BurTech Acquisition Corp. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
On January 14, 2025, the Company issued a press release announcing the Company’s partnership with VSBLTY Groupe Technologies Corp. to develop new AI-enabled hybrid technology for large-scale global safety and security solutions. A copy of the press release is furnished as Exhibit 99.2 to this Current Report on Form 8-K.
On January 15, 2025, the Company issued a press release announcing the appointment of Lane Bess as Chairman of the Company’s board of directors. A copy of the press release is furnished as Exhibit 99.3 to this Current Report on Form 8-K.
On January 16, 2025, the Company issued a press release announcing the Company’s partnership with alwaysAI to integrate alwaysAI’s advanced computer vision technology and remote deployment capabilities with the Company’s chipsets and edge devices. A copy of the press release is furnished as Exhibit 99.4 to this Current Report on Form 8-K.
On January 24, 2025, the Company issued a press release announcing the appointment of Yoshiaki Fujimori and George de Urioste to the Company’s board of directors. A copy of the press release is furnished as Exhibit 99.5 to this Current Report on Form 8-K.
On January 28, 2025, the Company issued a press release announcing the Company’s vision for transforming real-world applications through advanced AI model efficiency and edge-based solutions. A copy of the press release is furnished as Exhibit 99.6 to this Current Report on Form 8-K.
The Company uses its investor relations website to post important information for investors, including press releases, upcoming events, analyst presentations and supplemental financial information, and as a means of disclosing material non-public information and the Company will not furnish all press releases on Form 8-Ks in the future. Accordingly, investors should monitor the Company’s investor relations website, in addition to reviewing press releases, SEC filings and public conference calls and webcasts.
| Item 9.01. | Financial Statement and Exhibits. |
| (c) | Exhibits. |
| 99.1 | Press Release, dated January 13, 2025. | |
| 99.2 | Press Release, dated January 14, 2025. | |
| 99.3 | Press Release, dated January 15, 2025. | |
| 99.4 | Press Release, dated January 16, 2025. | |
| 99.5 | Press Release, dated January 24, 2025. | |
| 99.6 | Press Release, dated January 28, 2025. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
| Blaize Holdings, Inc. | ||||||
| Date: January 29, 2025 | By: | /s/ Dinakar Munagala | ||||
| Name: | Dinakar Munagala | |||||
| Title: | Chief Executive Officer | |||||
Exhibit 99.1
Blaize, Inc. and BurTech Acquisition Corp. announce closing of business combination
Washington, D.C. and El Dorado Hills, CA Jan. 13, 2025 BurTech Acquisition Corp. (BurTech) (NASDAQ: BRKH), a publicly-traded special purpose acquisition company, and Blaize, Inc. (Blaize), a provider of purpose-built, artificial intelligence (AI)-enabled edge computing solutions, today announced the completion of their previously announced business combination (the Business Combination). The combined company will operate under the name Blaize Holdings, Inc. and begin trading on Nasdaq under the ticker symbols BZAI and BZAIW on January 14, 2025. The Business Combination, approved at a special meeting of BurTech shareholders on December 23, 2024, begins a new period in Blaizes growth in bringing artificial intelligence to the edge.
The Business Combination marks a major milestone for Blaize as it continues building its transformative new compute solution that unites silicon and software to optimize AI from the edge to the core. Blaize has strong traction with over $400 million in a qualified pipeline of prospective customers it expects to engage in 2025 and a global footprint with Tier 1 supply chain relationships.
Today is an exciting milestone on Blaizes journey of powering the next generation of computing, said Dinakar Munagala, CEO of Blaize. AI-powered edge computing is the future due to its low power consumption, low latency, cost-effectiveness and data privacy advantages. Blaize is well-positioned with our full-stack hardware and software solution purpose-built for edge computing.
We are pleased to announce the successful completion of our merger, marking a significant milestone in bringing value for our shareholders, said Shahal Khan, CEO and chairman of BurTech. AI-powered edge computing is redefining what is possible across a broad range of sectors, from security and monitoring to enterprise edge AI to autonomous systems. Were so thrilled to partner with Blaize as it delivers the next generation of computing.
Advisors
Norton Rose Fulbright US LLP and Loeb & Loeb LLP acted as legal counsel to BurTech. Jefferies served as a Capital Markets Advisor to Burtech and was represented by Kirkland & Ellis LLP. Latham & Watkins LLP acted as legal counsel to Blaize. KeyBanc Capital Markets served as strategic advisor to Blaize, and Sidley Austin LLP acted as legal counsel to KeyBanc Capital Markets. In addition, D.A. Davidson & Co., Rosenblatt Securities, and Roth Capital Partners, LLC acted as Capital Markets Advisors to Blaize, and Blueshirt Capital Advisors is serving as an investor relations advisor to Blaize.
About BurTech
BurTech (NASDAQ: BRKH) is a special-purpose acquisition company dedicated to partnering with exceptional businesses and providing them with the resources and expertise to excel in the public market. With a focus on delivering long-term value to stockholders and supporting innovative companies, BurTech is committed to creating success stories in technology industries. With steadfast stockholders, a robust financial footing, and an unyielding commitment to innovation, BurTech is a visionary force in the technology world.
About Blaize
Blaize provides a full-stack programmable processor architecture suite and low-code/no-code software platform that enables AI processing solutions for high-performance computing at the networks edge and in the data center. Blaize solutions deliver real-time insights and decision-making capabilities at low power consumption, high efficiency, minimal size, and low cost. Blaize has raised over $330 million from strategic investors such as DENSO, Mercedes-Benz AG, Magna, and Samsung and financial investors such as Franklin Templeton, Temasek, GGV, Bess Ventures, BurTech LP LLC, Rizvi Traverse, and Ava Investors. Headquartered in El Dorado Hills (CA), Blaize has more than 200 employees worldwide with teams in San Jose (CA) and Cary (NC), and subsidiaries in Hyderabad (India), Leeds and Kings Langley (UK), and Abu Dhabi (UAE).
Media Contact:
Leo Merle
Blaize
info@blaize.com
Mark Roberts
The Blueshirt Group for Blaize
ir@blaize.com
Cautionary Statement Regarding Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended (the Securities Act), and Section 21E of the U.S. Securities Exchange Act of 1934, as amended (the Exchange Act) that are based on beliefs and assumptions and on information currently available to Blaize, including statements regarding Blaizes business plans and growth strategies, market opportunities, customer pipeline and financial prospects. In some cases, you can identify forward-looking statements by the following words: may, will, could, would, should, expect, intend, plan, anticipate, believe, estimate, predict, project, potential, continue, ongoing, target, seek or the negative or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking statements contain these words. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to: (i) changes in domestic and foreign business, market, financial, political and legal conditions; (ii) the expected benefits of the Business Combination are not obtained; (iii) the ability to meet stock exchange listing standards following the consummation of the Business Combination; (iv) the risk that the Business Combination disrupts current plans and operations of Blaize as a result of the consummation of the Business Combination; (v) failure to realize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (vi) costs related to the Business Combination; (vii) changes in applicable law or regulations; (viii) the outcome of any legal proceedings that may be instituted against Blaize; (ix) the effects of competition on Blaizes future business; (x) the ability of the combined company to issue equity or equity-linked securities or obtain debt financing; (xi) the enforceability of Blaizes intellectual property rights, including its copyrights, patents, trademarks and trade secrets, and the potential infringement on the intellectual property rights of others; and (xii) those factors discussed under the heading Risk Factors in the definitive proxy statement/prospectus filed on December 6, 2024 by Blaize Holdings, Inc. and other documents filed, or to be filed, by Blaize Holdings, Inc. with the SEC. Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Blaize does not undertake any duty to update these forward-looking statements.
Exhibit 99.2
Blaize partners with VSBLTY to develop new AI-enabled hybrid technology for large-scale global safety and security solutions
The joint development will provide AI-based computer vision solutions designed for the high demands of challenging defense and national security environments
EL DORADO HILLS, CA January 14, 2025 Blaize Holdings, Inc. (NASDAQ:BZAI), a provider of purpose-built, artificial intelligence (AI)-enabled edge computing solutions, and VSBLTY Groupe Technologies Corp., a leading software provider of AI-driven security and retail analytics technology, announced they have entered into a joint technology commercial agreement for the development and deployment of complete AI-enabled safety and security solutions.
The companies have been collaborating on several commercial deals that have resulted in a commercial agreement for Blaize to support VSBLTY on the development costs associated with optimizing VSBLTY software on Blaize silicon. VSBLTY has issued a Purchase Order to Blaize, the fulfillment of which is subject to several conditions related to production deployment and performance criteria.
The agreement includes the establishment of a technology center to create practical AI architectural hybrid designs. The initial milestone is the successful creation of a Digital Twin Lab environment demonstrating AI computer vision solutions specifically for large-scale safety, security, and defense-based contracts. This initiative is expected to provide deployable solutions today while maintaining unique flexibility to adapt to the rapidly evolving innovations in the AI landscape over time.
This is an exciting day for Blaize as we forge ahead with VSBLTY to bring our combined solution to market to achieve a significant impact on our ability to drive both scalability and major cost efficiency in these critically important security deployments. Our smart cameras will largely be deployed outdoors and primarily in rugged, far-edge environments needed for municipal and national security projects that require extensive field deployments using thousands of surveillance cameras (in some cases over 25,000), said Dinakar Munagala, CEO of Blaize. Our combined solution is already considered a key component in several pending contracts, including border control programs where far-edge capability is crucial.
We are extremely honored to be selected as Blaizes AI computer vision partner to create solutions that aide law enforcement and armed forces to better understand and respond to various incidents and threats, said Jay Hutton, CEO of VSBLTY. The exact nature of the analytics and application requirements will evolve over time and will require flexible and scalable underlying architecture and component technologies making our collaboration and co-development partnership critical to the future success of large, long-term security deployments.
About Blaize
Blaize provides a full-stack programmable processor architecture suite and low-code/no-code software platform that enables AI processing solutions for high-performance computing at the networks edge and in the data center. Blaize solutions deliver real-time insights and decision-making capabilities at low power consumption, high efficiency, minimal size, and low cost. Blaize has raised over $330 million from strategic investors such as DENSO, Mercedes-Benz AG, Magna, and Samsung and financial investors such as Franklin Templeton, Temasek, GGV, Bess Ventures, BurTech LP LLC, Rizvi Traverse, and Ava Investors. Headquartered in El Dorado Hills (CA), Blaize has more than 200 employees worldwide with teams in San Jose (CA) and Cary (NC), and subsidiaries in Hyderabad (India), Leeds and Kings Langley (UK), and Abu Dhabi (UAE).
About VSBLTY
Headquartered in Philadelphia, VSBLTY (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt: 5VS) (OTC: VSBGF) (VSBLTY) is the world leader in Artificial Intelligence and real time interpretation of what a CCTV and other cameras see. By utilizing facial recognition, age and gender, VSBLTYs proprietary technology can effectively enhance retail brand engagement and data analytics measurement through customized ads on instore digital displays at point of purchase in real time. This technology has been proven to increase brand sales by over 25%. The firm is also recognized for its leadership role in the growing Store as a Medium movement that enables brands to reach customers with paid media ads when and where buying decisions are being made while producing a new revenue stream for retailers. Most recently, VSBLTY has been building object recognition software to identify products by SKU, at the point of checkout, to integrate this capability into their retail media network offering to retailers and large CPG brands that lack customer information and transaction data at the point of sale. Using its proprietary AI software, and the various data collected using their software, VSBLTY has also developed a range of security solutions that include not only facial recognition but weapon recognition utilizing modern surveillance cameras and legacy CCTV cameras. VSBLTY has the capability to create a proactive security system rather than a reactive security system, providing early warning of threats that can save lives. Data collected through the platform can inform large scale deployments for smart city, private state and federal municipal security programs including border control.
Media Contact:
Leo Merle
Blaize
info@blaize.com
Mark Roberts
The Blueshirt Group for Blaize
ir@blaize.com
Linda Rosanio
VSBLTY
lrosanio@vsblty.net
Cautionary Statement Regarding Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended (the Securities Act), and Section 21E of the U.S. Securities Exchange Act of 1934, as amended (the Exchange Act) that are based on beliefs and assumptions and on information currently available to Blaize, including statements regarding Blaizes business plans and growth strategies, market opportunities, commercial agreements and purchase orders, and financial prospects. In some cases, you can identify forward-looking statements by the following words: may, will, could, would, should, expect, intend, plan, anticipate, believe, estimate, predict, project, potential, continue, ongoing, target, seek or the negative or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking statements contain these words. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to: (i) changes in domestic and foreign business, market, financial, political and legal conditions; (ii) the expected benefits of the Business Combination are not obtained; (iii) the ability to meet stock exchange listing standards following the consummation of the Business Combination; (iv) the risk that the Business Combination disrupts current plans and operations of Blaize as a result of the consummation of the Business Combination; (v) failure to realize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and
suppliers and retain its management and key employees; (vi) costs related to the Business Combination; (vii) changes in applicable law or regulations; (viii) the outcome of any legal proceedings that may be instituted against Blaize; (ix) the effects of competition on Blaizes future business; (x) the ability of the combined company to issue equity or equity-linked securities or obtain debt financing; (xi) the enforceability of Blaizes intellectual property rights, including its copyrights, patents, trademarks and trade secrets, and the potential infringement on the intellectual property rights of others; (xii) the failure to meet conditions required for payments to be received under purchase orders; and (xiii) those factors discussed under the heading Risk Factors in the definitive proxy statement/prospectus filed on December 6, 2024 by Blaize Holdings, Inc. and other documents filed, or to be filed, by Blaize Holdings, Inc. with the SEC. Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Blaize does not undertake any duty to update these forward-looking statements
Exhibit 99.3
Blaize Holdings, Inc. Appoints Lane Bess as Chairman of Its Board of Directors
January 15, 2025
Former Palo Alto Networks CEO brings extensive technology and security experience to Blaize
EL DORADO HILLS, Calif.(BUSINESS WIRE)Jan. 15, 2025 Blaize Holdings, Inc. (Blaize) (Nasdaq:BZAI), a provider of purpose-built, artificial intelligence (AI)-enabled edge computing solutions, today announced the appointment of technology executive and investor Lane Bess as chairman of its board of directors.
Bess has over 35 years of experience as a successful operational executive, leading startups and helping to build some of the most iconic internet security companies. He is the former CEO of Palo Alto Networks, leading the company to its IPO. Later he played an instrumental role in leading Zscaler to its IPO. He also has held key positions in major companies such as Trend Micro Internet Security, NCR Corporation and AT&T. His considerable work in the security technology sector has made him a trusted advisor for many enterprise technology CIOs and CISOs.
Lanes relationship with Blaize began more than three years ago when he became a key Blaize investor based on his conviction in semiconductor AI technology at the edge and his recognition of the significant potential of this emerging market.
As AI impacts the lives of many people, meaningful applications will be realized through edge technology where decisions and information must be processed instantly, Bess said. I look forward to working more closely with the Blaize team on its journey to bring the latest in next-generation computing to a range of industries globally.
No one is more well regarded and qualified in security, company building and technology than Lane Bess, said Dinakar Munagala, CEO of Blaize. Thats why were so excited to have Lane in this new role with Blaize. His unique combination of experience in company building and technology will be a tremendous benefit across our organization.
Bess has extensive global technology experience that includes building businesses in Europe, Japan, other Asia-Pacific regions and other regions internationally. Through his family office Bess Ventures and Advisory, Bess has made early investments in companies such as Arista Networks, Nutanix, Rubrik, FreedomPay and Blaize, among others.
Bess holds a B.A. in managerial economics from Carnegie Mellon University and an MBA from the University of Dayton. He serves as a board trustee at Carnegie Mellon University.
About Blaize
Blaize provides a full-stack programmable processor architecture suite and low-code/no-code software platform that enables AI processing solutions for high-performance computing at the networks edge and in the data center. Blaize solutions deliver real-time insights and decision-making capabilities at low power consumption, high efficiency, minimal size and low cost. Blaize has raised over $330 million from strategic investors such as DENSO, Mercedes-Benz AG, Magna, and Samsung and financial investors such as Franklin Templeton, Temasek, GGV, Bess Ventures, BurTech LP LLC, Rizvi Traverse, and Ava Investors. Headquartered in El Dorado Hills (Calif.), Blaize has more than 200 employees worldwide with teams in San Jose (Calif.) and Cary (N.C.), and subsidiaries in Hyderabad (India), Leeds and Kings Langley (UK), and Abu Dhabi (UAE).
Cautionary Statement Regarding Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended (the Securities Act), and Section 21E of the U.S. Securities Exchange Act of 1934, as amended (the Exchange Act) that are based on beliefs and assumptions and on information currently available to Blaize, including statements regarding the industry in which Blaize operates, market opportunities, and product offerings. In some cases, you can identify forward-looking statements by the following words: may, will, could, would, should, expect, intend, plan, anticipate, believe, estimate, predict, project, potential, continue, ongoing, target, seek or the negative or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking statements contain these words. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to: (i) changes in domestic and foreign business, market, financial, political and legal conditions; (ii) the expected benefits of the Blaizes business combination with BurTech Acquisition Corp. (the Business Combination) are not obtained; (iii) the ability to meet stock exchange listing standards following the consummation of the Business Combination; (iv) the risk that the Business Combination disrupts
current plans and operations of Blaize as a result of the consummation of the Business Combination; (v) failure to realize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (vi) costs related to the Business Combination; (vii) changes in applicable law or regulations; (viii) the outcome of any legal proceedings that may be instituted against Blaize; (ix) the effects of competition on Blaizes future business; (x) the ability of the combined company to issue equity or equity-linked securities or obtain debt financing; (xi) the enforceability of Blaizes intellectual property rights, including its copyrights, patents, trademarks and trade secrets, and the potential infringement on the intellectual property rights of others; and (xii) those factors discussed under the heading Risk Factors in the definitive proxy statement/prospectus filed on December 6, 2024 by Blaize Holdings, Inc. and other documents filed, or to be filed, by Blaize Holdings, Inc. with the SEC. Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Blaize does not undertake any duty to update these forward-looking statements.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250115173412/en/
Media Contact:
Leo Merle
Blaize
info@blaize.com
Source: Blaize Holdings, Inc.
Exhibit 99.4
Blaize Partners With alwaysAI to Revolutionize Real-Time Insights With AI Edge Computing and Advanced Computer Vision Applications
January 16, 2025
EL DORADO HILLS, Calif.(BUSINESS WIRE)Jan. 16, 2025 Today, Blaize Holdings, Inc. (Blaize) (Nasdaq:BZAI), a provider of purpose-built, artificial intelligence (AI)-enabled edge computing solutions, announced a strategic partnership with alwaysAI, a leader in computer vision solutions. This collaboration will integrate alwaysAIs advanced computer vision technology and remote deployment capabilities with Blaizes cutting-edge chipsets and edge devices, making seamless edge deployments more accessible for enterprises worldwide.
As businesses demand real-time insights and greater operational efficiency, this partnership seeks to address this need with innovative physical AI solutions. AlwaysAIs computer vision applications excel in the real-time detection of people, objects, and events for diverse sectors like automotive, retail, manufacturing, healthcare, and more. The collaboration will enable Blaizes customers to achieve operational efficiency and productivity in real time.
Deploying computer vision applications at the edge provides enhanced security and data protection by processing data locally on Blaizes edge devices, mitigating data breach risks and safeguarding sensitive information. This localized processing accelerates decision-making, reduces latency, and delivers real-time insights to drive substantial improvements in operational efficiency.
We expect this partnership will enable businesses to easily deploy alwaysAIs computer vision applications on Blaizes edge computing platforms, facilitating real-time processing and analytics directly at the source. The seamless integration of alwaysAIs remote deployment capabilities with Blaizes advanced hardware will ensure that enterprises can receive and act on this data securely at the edge.
We are thrilled to partner with Blaize to leverage their high-quality chipsets and edge devices, said Marty Beard, Co-Founder and CEO of alwaysAI. This partnership allows us to expand our advanced computer vision applications, making deployment at the edge even more efficient and accessible for enterprises.
Blaize is committed to providing high-performance AI edge computing solutions, and partnering with alwaysAI allows us to enhance our offerings with robust computer vision capabilities, said Dinakar Munagala, Co-Founder and CEO of Blaize. Together, we will enable our customers to unlock new insights and capabilities, improving their operational effectiveness and protecting their data.
About Blaize
Blaize provides a full-stack programmable processor architecture suite and low-code/no-code software platform that enables AI processing solutions for high-performance computing at the networks edge and in the data center. Blaize solutions deliver real-time insights and decision-making capabilities at low power consumption, high efficiency, minimal size and low cost. Blaize has raised over $330 million from strategic investors such as DENSO, Mercedes-Benz AG, Magna, and Samsung and financial investors such as Franklin Templeton, Temasek, GGV, Bess Ventures, BurTech LP LLC, Rizvi Traverse, and Ava Investors. Headquartered in El Dorado Hills (Calif.), Blaize has more than 200 employees worldwide with teams in San Jose (Calif.) and Cary (N.C.), and subsidiaries in Hyderabad (India), Leeds and Kings Langley (UK), and Abu Dhabi (UAE).
About alwaysAI®
AlwaysAI® offers world-class, customizable computer vision solutions that provide the real-time, actionable data needed to help businesses across all industries improve their operations. We help you work smarter. For more information, schedule a meeting with an AI Expert.
Cautionary Statement Regarding Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended (the Securities Act), and Section 21E of the U.S. Securities Exchange Act of 1934, as amended (the Exchange Act) that are based on beliefs and assumptions and on information currently available to Blaize, including statements regarding the industry in which Blaize operates, market opportunities, and product offerings. In some cases, you can identify forward-looking statements by the following words: may, will, could, would, should, expect, intend, plan, anticipate, believe, estimate, predict, project, potential, continue, ongoing, target, seek or the negative or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking statements contain
these words. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to: (i) changes in domestic and foreign business, market, financial, political and legal conditions; (ii) the expected benefits of the Blaizes business combination with BurTech Acquisition Corp. (the Business Combination) are not obtained; (iii) the ability to meet stock exchange listing standards following the consummation of the Business Combination; (iv) the risk that the Business Combination disrupts current plans and operations of Blaize as a result of the consummation of the Business Combination; (v) failure to realize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (vi) costs related to the Business Combination; (vii) changes in applicable law or regulations; (viii) the outcome of any legal proceedings that may be instituted against Blaize; (ix) the effects of competition on Blaizes future business; (x) the ability of the combined company to issue equity or equity-linked securities or obtain debt financing; (xi) the enforceability of Blaizes intellectual property rights, including its copyrights, patents, trademarks and trade secrets, and the potential infringement on the intellectual property rights of others; and (xii) those factors discussed under the heading Risk Factors in the definitive proxy statement/prospectus filed on December 6, 2024 by Blaize Holdings, Inc. and other documents filed, or to be filed, by Blaize Holdings, Inc. with the SEC. Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Blaize does not undertake any duty to update these forward-looking statements.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250116163192/en/
Media Contact:
Chloe Beard
alwaysAI
chloe.beard@alwaysai.co
Leo Merle
Blaize
info@blaize.com
Source: Blaize Holdings, Inc.
Exhibit 99.5
Blaize Appoints Yoshiaki Fujimori and George de Urioste to Board of Directors
January 24, 2025
New board members bring wealth of experience scaling top global technology companies
EL DORADO HILLS, Calif.(BUSINESS WIRE)Jan. 24, 2025 Blaize Holdings, Inc. (NASDAQ:BZAI), a provider of purpose-built, artificial intelligence (AI)-enabled edge computing solutions, today announced the appointment of George de Urioste and Yoshiaki Fujimori to its board of directors, effective as of closing of the companys business combination with BurTech Acquisition Corp. on January 13, 2025.
These seasoned technology leaders will push Blaize forward in providing hardware and software powering edge AI applications from IoT devices to autonomous vehicles to medical equipment with low latency, energy efficiency and cost efficiency.
de Urioste has over 35 years of experience in COO, CFO, and CEO roles in leading technology companies, including Pluribus Networks, Marvell Technology, Chordiant Software, Remedy Corporation, and Aeroprise, Inc. Notably, he was CFO for Remedy, leading it through its IPO. He is currently a director at publicly traded medical device company HeartBeam, Inc. and Roambee Corp, a supply chain intelligence company.
Fujimori is a longtime global technology leader. He was CEO of building materials and housing equipment manufacturer LIXIL Group Corporation. Previously, he spent 25 years at General Electric Company, in roles including chairman, CEO and senior vice president at businesses including GE Japan, GE Plastics, GE Healthcare Asia and GE Money Asia.
I am excited to join the board at Blaize, said de Urioste. Blaize is pioneering the latest in AI computing at the edge, which powers the latest technology for real-world applications. Having brought numerous companies to global growth, Im looking forward to get to work with the team.
Blaize is poised to become a major global player in edge AI computing, Fujimori said. Thats why Im honored to become part of Blaizes board. Blaize has the technology, leadership and business insights to lead in this next wave of computing.
We are thrilled to welcome George and Fuji-san to the board of Blaize, said Dinakar Munagala, CEO of Blaize. They each bring unique experience and background that will be invaluable for Blaize in its mission to bring AI computing to the edge. We will all benefit from their insights and expertise in company building, global expansion, product development and much more.
About Blaize
Blaize provides a full-stack programmable processor architecture suite and low-code/no-code software platform that enables AI processing solutions for high-performance computing at the networks edge and in the data center. Blaize solutions deliver real-time insights and decision-making capabilities at low power consumption, high efficiency, minimal size and low cost. Blaize has raised over $330 million from strategic investors such as DENSO, Mercedes-Benz AG, Magna, and Samsung and financial investors such as Franklin Templeton, Temasek, GGV, Bess Ventures, BurTech LP LLC, Rizvi Traverse, and Ava Investors. Headquartered in El Dorado Hills (Calif.), Blaize has more than 200 employees worldwide with teams in San Jose (Calif.) and Cary (N.C.), and subsidiaries in Hyderabad (India), Leeds and Kings Langley (UK), and Abu Dhabi (UAE).
Cautionary Statement Regarding Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended (the Securities Act), and Section 21E of the U.S. Securities Exchange Act of 1934, as amended (the Exchange Act) that are based on beliefs and assumptions and on information currently available to Blaize, including statements regarding the industry in which Blaize operates, market opportunities, and product offerings. In some cases, you can identify forward-looking statements by the following words: may, will, could, would, should, expect, intend, plan, anticipate, believe, estimate, predict, project, potential, continue, ongoing, target, seek or the negative or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking statements contain these words. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to: (i) changes in domestic and foreign business, market, financial, political and legal conditions; (ii) the expected benefits of the Blaizes business combination with BurTech Acquisition Corp. (the Business Combination) are not obtained; (iii) the ability to meet stock exchange listing standards following the consummation of the Business Combination; (iv) the risk that the Business Combination disrupts
current plans and operations of Blaize as a result of the consummation of the Business Combination; (v) failure to realize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (vi) costs related to the Business Combination; (vii) changes in applicable law or regulations; (viii) the outcome of any legal proceedings that may be instituted against Blaize; (ix) the effects of competition on Blaizes future business; (x) the ability of the combined company to issue equity or equity-linked securities or obtain debt financing; (xi) the enforceability of Blaizes intellectual property rights, including its copyrights, patents, trademarks and trade secrets, and the potential infringement on the intellectual property rights of others; and (xii) those factors discussed under the heading Risk Factors in the definitive proxy statement/prospectus filed on December 6, 2024 by Blaize Holdings, Inc. and other documents filed, or to be filed, by Blaize Holdings, Inc. with the SEC. Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Blaize does not undertake any duty to update these forward-looking statements.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250124337818/en/
Leo Merle
Blaize
info@blaize.com
Source: Blaize Holdings, Inc.
Exhibit 99.6
Blaize Poised to Lead the Physical AI Revolution
January 28, 2025
EL DORADO HILLS, Calif.(BUSINESS WIRE)Jan. 28, 2025 Blaize Holdings, Inc. (NASDAQ:BZAI), a provider of purpose-built, artificial intelligence (AI)-enabled edge-optimized solutions, today unveiled its bold vision for transforming real-world applications through advanced AI model efficiency and edge-based solutions.
As the AI industry shifts from traditional data center processing to more agile and scalable physical world AI applications, Blaize is well-positioned to introduce groundbreaking innovations that address complex challenges in defense, smart cities, emergency response, healthcare, robotics, autonomous systems, and more, said Blaize CEO Dinakar Munagala.
The recent release of DeepSeek-V3* underscores Blaizes long-held philosophy that a set of smaller, dynamically executed expert models performs better and more efficiently than a large, dense model. Computing on less-structured, sparsely accessed data using efficient low-precision operations is precisely the kind of work Blaize programmable devices enable in the physical world.
Blaize solutions represent a transformative approach to AI processing, delivering unmatched efficiency and cost savings compared to overpowered alternatives, especially in scenarios where edge computing excels, said Dmitry Zakharchenko, the Chief Software Officer for Blaize.
Revolutionizing Physical AI
Blaizes pioneering Graph Streaming Processor (GSP) architecture enables real-time data processing and analytics across diverse environments, delivering the agility and speed necessary for todays physical AI applications. From optimizing traffic in smart cities to improving operations in critical defense situations, Blaize empowers organizations to fully harness AIs potential in scalable and sustainable ways.
Our innovations address real-world challenges by bringing physical AI to the edge, where its needed most, added Munagala. This approach allows us to remain competitive in a fast-paced market while setting the standard for efficiency and precision.
Market Positioning
Blaize is sharpening its focus on clear and compelling messaging to highlight its competitive advantages. Amid widespread AI hype focused on data centers, Blaize is leading the charge in showcasing the tangible benefits of edge AIefficiently executing smaller, cost-effective models that meet diverse application demands without sacrificing performance.
Blaize plans to launch a coordinated media outreach campaign to support this initiative, targeting key media outlets and leveraging its network to secure interviews and thought leadership opportunities.
Driving Real-World Impact
Blaizes edge AI solutions have succeeded in mission-critical applications, including emergency response, security, and healthcare. By eliminating the inefficiencies of centralized data processing, Blaize enables organizations to operate more effectively in dynamic and resource-constrained environments.
Our technology is a game-changer for industries seeking to deploy AI where it matters most, Munagala said. Were not just keeping pace with the evolution of AI; were driving it forward.
Blaize is taking a proactive approach and plans to release additional updates to shed light on its innovative technology and market strategy. These efforts aim to solidify Blaizes position as a leader in the physical AI sector for long-term growth.
About Blaize
Blaize provides a full-stack programmable processor architecture suite and low-code/no-code software platform that enables AI processing solutions for high-performance computing at the networks edge and in the data center. Blaize solutions deliver real-time insights and decision-making capabilities at low power consumption, high efficiency, minimal size and low cost. Blaize has raised over $330 million from strategic investors such as DENSO, Mercedes-Benz AG, Magna, and Samsung and financial investors such as Franklin Templeton, Temasek, GGV, Bess Ventures, BurTech LP LLC, Rizvi Traverse, and Ava Investors. Headquartered in El Dorado Hills (Calif.), Blaize has more than 200 employees worldwide with teams in San Jose (Calif.) and Cary (N.C.), and subsidiaries in Hyderabad (India), Leeds and Kings Langley (UK), and Abu Dhabi (UAE).
| * | DeepSeek-V3 Technical Report https://arxiv.org/pdf/2412.19437 |
Cautionary Statement Regarding Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended (the Securities Act), and Section 21E of the U.S. Securities Exchange Act of 1934, as amended (the Exchange Act) that are based on beliefs and assumptions and on information currently available to Blaize, including statements regarding the industry in which Blaize operates, market opportunities, and product offerings. In some cases, you can identify forward-looking statements by the following words: may, will, could, would, should, expect, intend, plan, anticipate, believe, estimate, predict, project, potential, continue, ongoing, target, seek or the negative or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking statements contain these words. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to: (i) changes in domestic and foreign business, market, financial, political and legal conditions; (ii) the expected benefits of the Blaizes business combination with BurTech Acquisition Corp. (the Business Combination) are not obtained; (iii) the ability to meet stock exchange listing standards following the consummation of the Business Combination; (iv) the risk that the Business Combination disrupts current plans and operations of Blaize as a result of the consummation of the Business Combination; (v) failure to realize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (vi) costs related to the Business Combination; (vii) changes in applicable law or regulations; (viii) the outcome of any legal proceedings that may be instituted against Blaize; (ix) the effects of competition on Blaizes future business; (x) the ability of the combined company to issue equity or equity-linked securities or obtain debt financing; (xi) the enforceability of Blaizes intellectual property rights, including its copyrights, patents, trademarks and trade secrets, and the potential infringement on the intellectual property rights of others; and (xii) those factors discussed under the heading Risk Factors in the definitive proxy statement/prospectus filed on December 6, 2024 by Blaize Holdings, Inc. and other documents filed, or to be filed, by Blaize Holdings, Inc. with the SEC. Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Blaize does not undertake any duty to update these forward-looking statements.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250128092955/en/
Blaize
Leo Merle
info@blaize.com
Source: Blaize Holdings, Inc.