India, July 18 -- Blaize Holdings, Inc. (BZAI) surged 71.00 percent to $5.18 on Friday after announcing a major collaboration with Starshine Computing Power Technology Limited to deploy its hybrid AI platform across Asia. The deal, valued at a minimum of $120 million over 18 months, will begin in fiscal Q3 2025 and extend through 2026.
BZAI opened at $5.33 and traded between $4.13 and $5.33, with volume soaring to 56 million shares compared to its average of 459,000 on the Nasdaq. The stock's 52-week range is $1.70 to $29.61, and the previous close was $3.03.
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The partnership will initially focus on smart city applications and later expand to industrial a...