Two accused teenagers to remain in custody for at least two more weeks | SaltWire #newsupdate #news - AI computing firm Blaize said on Monday it has raised $106 million in funding, including from existing investors such as Mercedes-Benz and Temasek.
Other existing investors such as Bess Ventures, Franklin Templeton and Denso, besides new investors such as Rizvi Traverse, Ava Investors and BurTech LP also participated in the fundraising, the company said in a statement, without disclosing the details on its valuation.The fundraise reflects the frenzy that had helped the AI sector attract a major share of venture capital money last year in a largely subdued environment.
The El Dorado Hills, California-based company, which offers computing solutions in automotive, mobility, smart retail, security, industrial and metro market sectors, also said it had previously raised $224 million.