Record Revenue Growth
Blaize Holdings, Inc. reported revenue of $11.9 million for Q3 2025, marking a 499% sequential increase from Q2. This exceeded the upper end of their guidance by $400,000.
Strong Investment and Financial Position
Secured a $30 million investment from Polar Asset Management Partners to support the company's growth and next-generation chip development. This positions the company to fund operations well into 2024 with a cash balance of over $60 million.
Strategic Partnerships
Announced collaborations with Technology Control Company (TCC) in Saudi Arabia and Reach Digital in the UAE, enhancing their presence in the Middle East and supporting regional infrastructure initiatives.
Expansion in AI Infrastructure
Highlighted significant projects such as the $120 million Starshine Hybrid AI infrastructure for smart city development in Asia and public safety rollouts in India.
Operational Efficiency
Exceeded Q3 adjusted EBITDA loss guidance by $2 million, reflecting better-than-expected execution and stronger operational discipline.