Latest news with #APAC
Yahoo
6 hours ago
- Business
- Yahoo
Blaize Secures Contract to Deliver Scalable Hybrid AI Infrastructure Across Asia
$120M agreement to scale energy-efficient edge AI across APAC's fastest-growing economies EL DORADO HILLS, Calif., July 17, 2025--(BUSINESS WIRE)--Blaize Holdings, Inc. (NASDAQ: BZAI, NASDAQ: BZAIW) ("Blaize"), a leader in programmable, energy-efficient edge AI computing, today announced that its hybrid AI platform will be deployed in collaboration with Starshine Computing Power Technology Limited ("Starshine"), a provider of AI infrastructure solutions in Asia, with the initial phase beginning in fiscal Q3 2025 and continuing through 2026. Real-time, localized AI is no longer optional – it's foundational. As countries across APAC invest in AI infrastructure to strengthen their economies, manage urban growth, and address climate resilience, scalable hybrid systems are emerging as the new standard. The collaboration between Blaize and Starshine will work to efficiently drive real-world hybrid AI deployment across Asia through scalable infrastructure, powering smart cities, industrial automation, and intelligent public services. The agreement carries a minimum value of $120 million in revenue over the initial 18-month term and will initially focus on opportunities to deploy Blaize's hybrid AI solutions for smart city applications. Blaize and Starshine will also accelerate software development to expand into additional industries. Deployments will target key countries, including India, Indonesia, Japan, South Korea, and China, with use cases aligned to their AI infrastructure priorities. "This is the beginning of real-world AI infrastructure at scale," said Dinakar Munagala, co-founder and CEO of Blaize. "Asia represents a $112B opportunity for next generation intelligent systems, and inference is leading the charge. Our hybrid AI platform is designed to deliver the efficiency, flexibility, power, and support for multimodal workloads to meet this surge, especially at the edge. Together with Starshine, we're providing sovereign-grade infrastructure where programmable, energy-efficient inference becomes the backbone of smart cities, industrial environment, and public services." Blaize's GSP®-based (Graph Streaming Processor) AI platform is designed to anchor next-generation computing clusters for smart cities, industry, and agriculture. Blaize and Starshine will deliver a new class of hybrid AI computing clusters, integrating Blaize's GSP-based inference accelerators to complement GPU-based infrastructure. This rollout can cut energy use, lower total cost of ownership, process multimodal data streams, and enable real-time, localized decision-making at the edge. The hybrid AI platform rollout will target high-growth sectors, including: Smart City Surveillance: High-efficiency, multi-node AI video analytics across urban environments Retail & Security: Edge AI for low-latency insights in real-time retail operations Smart Industry: Automation and predictive maintenance in manufacturing, logistics, and energy AgTech & Smart Irrigation: Scalable AI for resource optimization across APAC agriculture "Hybrid AI is no longer an experiment; it's infrastructure," said Teng Ma, Chairman of Starshine. "Blaize delivers exactly what our customers demand: flexibility, power efficiency, multimodal support, and scalability. This partnership gives us the technology and capability to meet surging demand across Asia for real-time, localized intelligence." For more information, please visit About Blaize Blaize provides a full-stack programmable processor architecture suite and low-code/no-code software platform that enables AI processing solutions for high-performance computing at the network's edge and in the data center. Blaize solutions deliver real-time insights and decision-making capabilities at low power consumption, high efficiency, minimal size and low cost. Headquartered in El Dorado Hills (CA), Blaize has more than 200 employees worldwide with teams in San Jose (CA) and Cary (NC), and subsidiaries in Hyderabad (India), Leeds and Kings Langley (UK), and Abu Dhabi (UAE). To learn more, visit or follow us on LinkedIn at @blaizeinc. About Starshine Computing Power Technology Limited Starshine Computing Power Technology is a provider of intelligent computing infrastructure solutions, focused on accelerating the digital transformation of society through innovation and large-scale deployment. The company integrates hardware, software, and scenario-based systems to deliver customized computing clusters for smart cities, industrial automation, and cloud-edge applications. With deep technical expertise and vertically integrated capabilities—including compute power production, scheduling platforms, cloud-based leasing, and financial-grade localization services—Starshine supports the construction of high-performance, low-latency AI infrastructure across Asia's fast-growing markets. For more information, visit Cautionary Statement Regarding Forward Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the U.S. Securities Exchange Act of 1934, as amended (the "Exchange Act") that are based on beliefs and assumptions and on information currently available to Blaize, including statements regarding the future deployment of Blaize Technology – which enables AI processing on existing camera infrastructure – future potential customers, future revenues associated with purchase orders and customer agreements (including the contract in South Asia and the Starshine agreement), expectations for the hybrid AI rollout, projected growth of hybrid AI, future financial performance, the industry in which Blaize operates, market opportunities, and product offerings. In some cases, you can identify forward-looking statements by the following words: "may," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue," "ongoing," "target," "seek" or the negative or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking statements contain these words. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to: (i) changes in domestic and foreign business, market, financial, political and legal conditions; (ii) the ability to maintain compliance with stock exchange listing standards ; (iii) failure to realize the anticipated benefits of the business combination of Blaize and Burtech Acquisition Corp., which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (iv) the ability of Blaize to successfully market its products and services ; (v) the ability of Blaize to successfully deploy its technologies across customer settings; (vi) changes in applicable law or regulations; (vii) the outcome of any legal proceedings that have been or may be instituted against Blaize; (viii) the effects of competition on Blaize's future business; (ix) the ability of the combined company to issue equity or equity-linked securities or obtain debt financing; and (x) those factors discussed under the heading "Risk Factors" in our Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (SEC) on May 14, 2025 and other documents filed by Blaize from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Blaize assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law, including the securities laws of the United States and the rules and regulations of the SEC. Blaize does not give any assurance that it will achieve its expectations. The financial projections in this press release are forward-looking statements that are based on assumptions that are inherently subject to significant uncertainties and contingencies, many of which are beyond Blaize's control. While such projections are necessarily speculative, Blaize believes that the preparation of prospective financial information involves increasingly higher levels of uncertainty the further out the projection extends from the date of preparation. The assumptions and estimates underlying the projected results are inherently uncertain and are subject to a wide variety of significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the projections. The inclusion of financial information or projections in this press release should not be regarded as an indication that Blaize, or its representatives and advisors, considered or consider the information or projections to be a reliable prediction of future events. The independent registered public accounting firm of Blaize has not audited, reviewed, compiled or performed any procedures with respect to the projections for the purpose of their inclusion in this press release and, accordingly, has not expressed an opinion or provided any other form of assurance with respect thereto for the purpose of this press release. View source version on Contacts For inquiries: Blaize Mediapress@ InvestorsIR@ Starshine info@ Sign in to access your portfolio
Yahoo
14 hours ago
- Business
- Yahoo
Aon bolsters reinsurance team with new executive hires
Aon, the UK-based global professional services company, has made executive appointments to enhance its reinsurance division. The company appointed Alfonso Valera as CEO of International for Reinsurance, while Steve Hofmann has been named CEO of Americas for Reinsurance. Valera will oversee the UK, Europe, Middle East and Africa (EMEA) and Asia-Pacific (APAC) regions, while Hofmann will manage North America and Latin America. Valera previously served as co-CEO of EMEA for reinsurance and CEO and general manager of Aon Re Iberia. Hofmann's prior roles include US CEO of Reinsurance and US co-president of Reinsurance at Aon. The company also appointed George Attard as global head of strategy for Reinsurance and Tomas Novotny as chairman of International for Reinsurance. George Attard served for 17 years at the company, most recently as CEO of Reinsurance for APAC, focusing on strategy and client engagement. Novotny's previous roles include co-CEO of EMEA for reinsurance, chairman of the Board for central and eastern Europe, and broking leadership roles based in Prague. Aon Global Solutions CEO Andy Marcell said: "We are delighted to promote Alfonso, Steve, George and Tomas into these important leadership roles as we accelerate the ambition and velocity of our industry-leading reinsurance solutions business. 'Together, they bring decades of leadership experience, deep client relationships, market knowledge and domain expertise. Supported by outstanding talent and experts across our regions, they will help shape the next stage of our growth." Recently, Aon introduced a new multi-line insurance facility aimed at supporting clients in managing risks associated with the development and operation of data centres. "Aon bolsters reinsurance team with new executive hires " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Al Bawaba
14 hours ago
- Business
- Al Bawaba
Gartner Says Worldwide PC Shipments Increased 4.4% in Second Quarter of 2025
Worldwide PC shipments totaled more than 63 million units in the second quarter of 2025, a 4.4% increase from the second quarter of 2024, according to preliminary results by Gartner, Take:'In the second quarter of 2025, enterprise demand outpaced consumer demand, underpinned by Windows 11 migrations and pandemic-era desktop renewals, while consumer refreshes slowed as buyers deferred purchases,' said Rishi Padhi, Research Principal at Gartner. 'PC shipments are forecast to rise 2.4% in 2025, propelled by a tariff-driven front-loaded inventory surge in the first half of 2025 in the U.S., and ongoing Windows 11 replacement cycles in the rest of the world. In the second half of 2025, shipment growth is expected to plateau as vendors draw down stock in response to demand, potentially creating excess inventory by year-end.'From a regional perspective, North America PC shipments declined 0.5% in the second quarter of 2025, compared to the same time last year,' said Padhi. 'The total PC market in APAC remained flat year-over-year, which is a slight improvement after consecutive quarters of decline. Meanwhile, the EMEA PC market grew 5.3% year-over-year. This illustrates signs of a modest recovery and stronger-than-usual seasonal demand. The Windows 11 refresh cycle remains a key driver, particularly for desktop replacements. However, the expected surge in new device purchases has been subdued, as many organizations opt to update existing PCs to Windows 11 rather than invest in new hardware.' There were no major changes in the top five vendor rankings worldwide in the second quarter of 2025 (see Table 1). Lenovo saw the strongest growth in global PC shipments among the top five vendors at 13.9% year-over-year.
Globe and Mail
19 hours ago
- Business
- Globe and Mail
Lattice and Mitsubishi Electric Collaborate to Deliver Next-Gen Industrial Automation Experiences
Lattice Semiconductor (NASDAQ: LSCC), the low power programmable leader, today announced its low power Lattice CertusPro™-NX FPGAs now enable Mitsubishi Electric 's Computerized Numerical Controller (CNC) solutions to bring power efficient and reliable factory automation experiences. This collaboration was announced at the Lattice APAC Tech Summit in Tokyo, where Mitsubishi Electric participated as a guest keynote speaker. Hosted today, Lattice APAC Tech Summit showcased the company's latest low power FPGA technology with industry leaders including Mitsubishi Electric, Desay, Furukawa AS, Glory LTD, LIPS, and NXP alongside more than 150 customers and partners in the APAC region. Mitsubishi Electric's industry-leading CNC solutions leverage the cutting-edge interface bridging capabilities of Lattice CertusPro-NX FPGAs to create high accuracy, adaptability, and efficient real-time processing. These features are ideal for a variety of Industrial applications, including machine building, Automotive, and electronics. "We are excited to collaborate with Mitsubishi Electric to enhance their CNC solutions and provide improved precision and efficiency in their manufacturing processes,' said Takahiro Mitsuya, VP of Japan Sales, Lattice Semiconductor. 'Together, we are delivering advanced factory automation experiences with our FPGA solutions that offer class-leading power efficiency, system bandwidth, reliability, and smallest-in-class form factor, helping manufacturers stay competitive in a rapidly evolving industry." "By integrating Lattice's innovative low power FPGA technology, known for its high-speed processing and real-time feedback capabilities, with Mitsubishi Electric's robust CNC systems, we are poised to deliver unparalleled performance and reliability to our customers, driving the future of smart manufacturing," said Yutatsu Kanemoto, Sr. Manager of NC Hardware System Section, Mitsubishi Electric Corporation. For more information on the technology mentioned, please visit: Lattice CertusPro-NX FPGAs About Lattice Semiconductor Lattice Semiconductor (NASDAQ: LSCC) is the low power programmable leader. We solve customer problems across the network, from the Edge to the Cloud, in the growing Communications, Computing, Industrial, Automotive, and Consumer markets. Our technology, long-standing relationships, and commitment to world-class support let our customers quickly and easily unleash their innovation to create a smart, secure, and connected world. For more information about Lattice, please visit You can also follow us via LinkedIn, X, Facebook, YouTube, WeChat, or Weibo. Lattice Semiconductor Corporation, Lattice Semiconductor (& design), and specific product designations are either registered trademarks or trademarks of Lattice Semiconductor Corporation or its subsidiaries in the United States and/or other countries. The use of the word 'partner' does not imply a legal partnership between Lattice and any other entity.
Yahoo
a day ago
- Business
- Yahoo
Final call: InfoComm Asia 2025 Opens Next Week in Bangkok with 256 New Product Launches and Deep Dive into AI Integration
Asia's premier Professional Audiovisual event offers last chance to register as it prepares to welcome thousands with innovation and learning opportunities amidst APAC's lead in market scale & growth. BANGKOK, July 17, 2025 /PRNewswire/ -- As artificial intelligence (AI) reshapes every industry, InfoComm Asia 2025 will provide the definitive roadmap for its integration into the world of Professional Audiovisual (Pro AV) when it opens next week in Bangkok, Thailand. From 23-25 July at the Queen Sirikit National Convention Center (QSNCC), the event will bring the impact of AI in AV to life, featuring 170 exhibitors, over 250 new product launches, and expert-led Summit sessions dedicated to its practical application. This year's show will feature an expansive showcase from 170 exhibitors representing 13 countries and regions. Attendees will have the first look at 256 new product launches, making it a critical destination for sourcing next-generation technology. The show floor will feature an expanded range of innovation, with 59 companies exhibiting for the first time. What to See: A Hub of Market-Ready AI-Driven Innovation The central theme of AI will be evident in the exhibition, with tangible, AI-driven solutions on display, including: Video cameras with AI voice tracking and gesture recognition from AVER (P10). Camera with AI voice tracking integrated with Dante-based solutions from LUMENS (J10). AI-powered tracking cameras by HDKATOV (K23) and WYRESTORM (C15). Advanced AI-led video wall control for command centers by AVCIT. AI noise reduction audio solutions by AVERMEDIA (P05) and VLINKA (P12). High-performance, AI-driven computing solutions for enterprise, retail, healthcare and smart cities from SHUTTLE (E16). Other exhibitors with market-ready AI-driven solutions include AV ACCESS (F19), INCEPTTECH (L20), IDMA (P19), and PERSONA (M15). Explore even more solutions and exhibitors here. Go Beyond the Booth: Immersive Demos, Workshops & Networking This year, InfoComm Asia is rolling out new experiences and initiatives: Dedicated Demo Rooms: For the first time, leading brands including HARMAN, CISCO, and NEAT will host dedicated rooms on level 1 of QSNCC for in-depth solution demonstrations. AVIXA Xchange Live: The popular online community makes its in-person debut in Asia, offering a space on the show floor for vibrant discussions and meetups for groups like the AVIXA Women's Council in Asia, Rising Professionals Meet Up and AV/IT Community Meetup. Hands-on Workshops: The interactive 'Lunch & Learn: AI in AV Workshop' will equip professionals with skills to use advanced AI tools in their creative processes. Admission to this rich educational content and more throughout the three show days is free for all registered visitors. The complete Show Program and Schedule are available here. A Vibrant Show Floor: Exhibitor Activities and Industry Milestones Besides innovative solutions on display, the show floor at InfoComm Asia 2025 will be buzzing with special events hosted by exhibitors, offering unique opportunities for deeper engagement. In-booth experiences include: Enjoying daily Happy Hour at HARMAN (L01), in addition to their HARMAN Connect Demo Room (MR108) for live demos. Diving deep into the future of collaboration at CISCO (MR109A-B) Workplace Technology Exchange. Registration is required. TELEVIC's (M10) famous Beer Event on Day 2 for lighthearted, casual networking with peers. Joining daily booth tours at YEALINK (K10) for interactive product demos and tailored insights. Registration is required. Getting hands-on demos with the new ENGAGE software and switches at NETGEAR (D01) VITEC (J15) hosting a cocktail reception for visitors on Day 1 and 2. Connecting your device at AVER (P10) to test their award-winning video conference systems and run demo meetings on the platform of your choice. Marking a defining moment for the local pro audio industry, InfoComm Asia is proud to host the Official Thailand Professional Qualification Institute (TPQI) Certification Ceremony, a collaboration that highlights the show's commitment to supporting the elevation of technical expertise in the region. Ms. Jullada Meejul, Director General of TPQI, will be present to award the inaugural cohort of professional live sound specialists who have successfully completed the assessment. The ceremony will take place on the InfoComm Smart Tech Stage on Day 2 of the show (24 July). What to Learn: Strategic Insights from Global Experts The InfoComm Asia Summit will feature 63 sessions across 19 tracks, with 58 expert speakers. The program will provide strategic foresight and practical knowledge on the impact of AI and other key trends. Highlight sessions include Day 1 Opening Panel "Visions of 2030: Reimagining the Future of Business and Technology", "How Human-Centric AI is Changing Customer Engagement", and practical deep dives like, "Transforming Workplaces with AI-Driven Intelligent Devices", "AI & The Future of Workplace Collaboration and Engagement", and "How AI-Driven AV is Shaping the Classroom of Tomorrow". Plan Your Visit: Final Call for Registration Professionals and technology end-users are encouraged to register before the show to ensure seamless entry. Visitor registration is complimentary – secure show badge here. For complete show information, visit website here. About InfoCommAsiaInfoCommAsia Pte Ltd. extends its influence through three marquee shows: InfoComm Asia; InfoComm China, Beijing; and InfoComm India. Each show features an exhibition that showcases the world's most cutting-edge and in-demand professional audiovisual and integrated experience technology solutions and a summit that presents learning opportunities. The shows bring together professional audiovisual industry players and top-level decision-makers from across different markets to tap into the vast potential presented by pro AV solutions. For more information, visit: | | To access more press info and show photos, please go to Digital Press media enquiries, please write to media@ or contact:Angie Eng, Marketing DirectorInfoCommAsia Pte Ltdangieeng@ View original content to download multimedia: SOURCE INFOCOMM ASIA Sign in to access your portfolio
