CBIST Selects Blaize to Power its 2025 Smart City Development Project | BZAI Stock News

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5 days ago
  • Blaize Holdings (BZAI, Financial) selected by CBIST for 2025 smart city project in South Korea.
  • Blaize to provide AI, edge computing, IoT, and data analytics solutions.
  • Collaboration to enhance smart city capabilities with low-power, latency-optimized AI.

Blaize Holdings, Inc. (NASDAQ: BZAI), a leader in AI-enabled edge computing, has been selected by the Chungbuk Institute of Science and Technology (CBIST) to contribute to the development of the Digital Innovation Hub in Chungcheongbuk-do, South Korea. This project, scheduled for 2025, aims to expand AI-powered smart city solutions across the region.

Blaize will supply key technologies such as AI, edge computing, IoT, and data analytics capabilities. The company will also offer technical consulting and support pilot testing. These offerings are designed to address the critical challenges in smart city environments by ensuring high-performance AI at the edge, minimizing power usage and optimizing latency.

This strategic partnership marks Blaize's entry into the South Korean smart city market, leveraging government-backed initiatives. It emphasizes the importance of edge AI solutions in the evolving smart city landscape, highlighting Blaize's expertise in delivering scalable and cost-effective AI solutions that facilitate real-time decision-making and efficient on-site processing.

CBIST is actively developing smart city solutions, collaborating with major semiconductor companies to create AI-driven public services. This collaboration shows Blaize's role as a significant innovation partner in the region, contributing to a broader smart city initiative.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.