Tag: Innovations

Blaize is set to be the first AI chip startup to go public in 2025

by educatekaroin News, AI, Startup, TechLeave a Comment on Blaize is set to be the first AI chip startup to go public in 2025

Blaize, an AI chip startup started by ex-Intel engineers, is gearing up to go public on Nasdaq through a SPAC deal this Tuesday, as reported by TechCrunch.

Founded in 2011 and based in El Dorado Hills, California, Blaize focuses on AI chips designed for edge applications like drones, robots, and smart cameras. The company has garnered support from investors including Samsung and Mercedes-Benz, raising a total of $335 million.

Even though it reported a loss of $87.5 million in 2023 on just $3.8 million in revenue, Blaize is highlighting $400 million in deals, which includes a significant $104 million defense contract in EMEA aimed at developing systems that can detect drones and identify troops. CEO Dinakar Munagala believes that edge computing is the way forward because it offers advantages in cost, latency, and privacy. While Nvidia is concentrating on data centers, Blaize is putting its energy into practical AI solutions that address real-world needs that often get overlooked.

Read more on TechCrunch

Flying cars and groundbreaking apps empowering people with disabilities: Tech innovations take the spotlight at CES 2025.

by educatekaroin News, AI, TechLeave a Comment on Flying cars and groundbreaking apps empowering people with disabilities: Tech innovations take the spotlight at CES 2025.

At CES 2025, groundbreaking technologies took the spotlight, with innovations aimed at empowering people with disabilities and futuristic concepts like flying cars generating excitement. Key highlights included an app designed to enhance accessibility and independence for individuals with disabilities, leveraging AI and voice commands. Meanwhile, flying car prototypes showcased the future of urban mobility, drawing significant attention for their potential to revolutionize transportation. Other advancements included wearable health tech, next-gen robotics, and immersive virtual reality experiences, underscoring how technology continues to shape the future. The event highlighted global strides toward inclusivity, sustainability, and smarter living through technological innovation.

Read more on thehindu.