Forbes India recognises Blaize among top 10 in AI field
Anywhere there is a camera, there is an opportunity for AI to act as the brain, performing real-time analytics, says Blaize CEO and Co-founder Dinakar Munagala.
“Big players today are focused on AI in the data center, leaving the edge less developed,” he elaborated on the market potential at D Globalist Entrepreneur Mobility Summit 2024 (DGEMS).
“While the cloud is critical, the data generated at the edge is a million times larger. This creates a unique opportunity for AI solutions that prioritize privacy for practical AI in areas like agriculture, healthcare, education, defense, manufacturing and smart cities,” he said.
Headquartered in El Dorado Hills with office in Hyderabad, Blaize was recognized as a top 10 company by Forbes India at the DGEMS 2024. It is now among Select 200 Company with Global Potential. It is a provider of purpose-built, artificial intelligence (AI)-enabled edge computing solutions.
DGEMS recognizes the achievements of leading entrepreneurs and creates a platform for companies of global scale to share and interact. The Summit creates a global network for the newly-minted winners through sessions with global thought leaders and interactive activities.
“Amid the tremendous opportunity in the current global AI landscape, it’s an honor for Blaize to be selected as a top 10 company alongside such a distinguished list of companies,” said Munagala.
At the 2024 DGEMS event on November 18, Blaize CEO and Co-founder Dinakar Munagala participated in an expert panel discussion alongside other leaders of companies that placed in the top 10 to discuss AI expansion across global markets.
In addition to Munagala, the panel featured Vikram Handa, founder and managing director of Epsilon Carbon; Vikas Singh, managing director and CEO of MMTC-PAMP; and Shankar Prasad, founder and CEO of Plum.
Blaize has raised over US$330 million from strategic investors such as DENSO, Mercedes-Benz AG, Magna, and Samsung and financial investors such as Franklin Templeton, Temasek, GGV, Bess Ventures, BurTech LP LLC, Rizvi Traverse, and Ava Investors.
Blaize has more than 200 employees worldwide with teams in San Jose (CA), Cary (NC), and subsidiaries in Hyderabad, Leeds and Kings Langley (UK), and Abu Dhabi.
DGEMS is a summit celebrating entrepreneurial excellence and creates a platform for companies with globally scalable offerings to connect and collaborate. Fiinews.com
