Hyderabad, July 28 -- Blaize, the AI computing innovator revolutionizing edge and automotive computing solutions, on Wednesday announced the closing of $71m Series D round of funding.

Franklin Templeton, a new investor, and Temasek, an existing investor, led the round, along with participation from DENSO and other new and existing investors, US-based Blaize, an Artificial Intelligence(AI) computing company said in a release here.

To accelerate the product road map and scale the business with this funding, the Company plans to rapidly expand their Hyderabad operations in the next 12-18 months.

"Blaize has demonstrated the capability to enable value creation for organizations tapping the power of AI for edge computing," Mr JP Scandalios, S...