The first AI chip startup to go public in 2025 will be Blaize
The rise of Nvidia has spurred renewed investor interest in AI chip startups. One of them, Blaize, founded by former Intel engineers, is set to go public on the Nasdaq in a SPAC deal on Tuesday, it announced on Monday. Launched in 2011, Blaize has raised $335 million from investors like Samsung and Mercedes-Benz. Headquartered in El Dorado Hills, California, it focuses on manufacturing AI chips for edge applications. Rather than being mostly used in vast data centers (like Nvidia’s), its chips a