Latest news with #smartcities
Yahoo
7 days 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
Forbes
17-07-2025
- Business
- Forbes
Driving Urban Innovation With AI And Edge Computing
Cities across the United States and around the world face mounting challenges as they strive to optimize urban operations, enhance public safety and foster sustainable growth. Amid these complexities, technology offers hope—not as an abstract concept, but as a tangible, impactful tool for real-world progress. The combination of Artificial intelligence (AI) and edge computing is catalyzing this transformation, enabling cities to evolve into smarter, safer and more sustainable ecosystems. Urban areas generate vast amounts of data every second. When harnessed effectively, this data has the power to transform how cities operate. AI and edge computing enable smarter decision-making by acting on this information, instantly allowing cities to do things such as detect infrastructure risks, optimize traffic flow, or manage emergencies with precision and speed. For example, in Palm Springs, a public safety initiative integrates radar technology with drones to provide emergency teams with critical situational awareness prior to their arrival at a scene. First responders gain actionable insights, ensuring faster, safer outcomes for everyone involved. This blend of AI and edge computing has the potential to reimagine public safety by reducing delays and improving response quality. Cities around the world are using AI and digital twins to reimagine how their most valuable physical assets and spaces are managed. The combination of NVIDIA GPU-accelerated computing and frameworks like NVIDIA Omniverse™ digital twins and NVIDIA Metropolis is supercharging a new generation of vision AI applications. These solutions significantly increase operational efficiency and safety across a broad range of spaces—from city streets and airports to event centers and factory floors. AI is the brain behind connected communities, transforming data into insights. Edge computing is the nervous system, bridging the gap between vast data flows and the need for instantaneous action. By processing data closer to the source, edge computing minimizes delays, reduces reliance on centralized systems—which can introduce latency and bottlenecks—and strengthens security. This step-change in capability ensures urban systems can adapt in real time to meet the diverse needs of communities. Whether adjusting traffic lights to reduce congestion or issuing localized emergency alerts, edge computing keeps everything moving seamlessly. NVIDIA, a pioneer in AI innovation, plays a pivotal role in driving these advancements. Jumbi Edulbehram, Director, Smart Spaces and Local Government, at NVIDIA, explains, 'NVIDIA collaborates with leaders like Dell to deliver edge AI solutions that empower cities. These technologies are reshaping how public safety and urban systems operate, enabling cities to innovate at an unmatched pace.' Applications of AI and edge computing are paving the way for smarter, more sustainable cities by addressing challenges in multiple domains, including: Across all these areas, the integration of AI frameworks with platforms such as the Dell AI Factory with NVIDIA and Dell NativeEdge enables seamless implementation. Dell NativeEdge brings the power of Dell AI Factory with NVIDIA to the edge, enabling cities to securely scale their infrastructure and orchestrate AI applications across any location. These solutions make it easier for cities to adopt cutting-edge technologies, ensuring scalability and adaptability, even for smaller urban environments. Despite its potential, deploying AI in urban environments comes with challenges. Legacy systems, restricted budgets, and the need for strong data privacy measures represent significant hurdles for city leaders. Dell and NVIDIA develop solutions tailored to these needs, reducing barriers and making innovation more accessible. For instance, Dell and NVIDIA end-to-end AI solutions can be used with zero-trust security models to help protect sensitive city data and maintain compliance with privacy regulations. And our data center solutions can seamlessly integrate with existing infrastructure to allow cities to modernize in stages, minimizing disruption while maximizing impact. Pre-integrated tools (like the NVIDIA NIM Microservices and NeMo) and scalable solutions reduce implementation complexity, enabling faster progress. By leveraging AI platforms alongside flexible deployment strategies, cities can accelerate the pace of innovation. Looking to the future, the convergence of AI and edge technology is setting the stage for a new era of urban evolution. Cognitive cities, an emerging concept, are adaptive ecosystems that anticipate needs, proactively solve challenges, and foster stronger, more resilient communities. Dell Technologies and NVIDIA are at the forefront of this transformation, turning bold dreams into data-driven realities. Their collaborative efforts exemplify what is possible when technological innovation meets human ambition. Explore how your city can lead the way in urban innovation. Discover how the combined power of AI and edge computing can drive change and create meaningful progress in your community. Download the eBook now
Forbes
08-07-2025
- Automotive
- Forbes
Beep Launches NAVI Fully Autonomous Public Transit System In Florida
One of Beep's fourteen autonomous robo-shuttles operating in Jacksonville, Florida. Earlier this month Beep, Inc., a leading provider of autonomous shared mobility solutions, announced it has begun operating the Jacksonville Transportation Authority's (JTA) autonomous vehicle service, called NAVI (Neighborhood Autonomous Vehicle Innovation). Beep states that NAVI is the first fully autonomous public transportation system in the U.S. Backed by a five-year O&M contract, Beep will operate and maintain the NAVI service, which is part of the JTA's groundbreaking Ultimate Urban Circulator (U2C) program. In this first phase of the JTA's U2C program, Beep will operate and maintain a customized fleet of fourteen electric, autonomous, Buy America and ADA compliant Ford E-Transit vehicles integrated with automated driving system (ADS) capability from Oxa. Beep's proprietary technology will facilitate both vehicle deployment and command center operations from the JTA's new Autonomous Innovation Center (AIC). The company says that the AIC is a first-of-its-kind for autonomous transit. "Beep is proud to improve safety, expand access, and optimize public transit in Jacksonville with the first fully autonomous system in the nation. Building this system is a significant milestone to achieve fully sustainable, smart cities," said Kevin Reid, Chairman of the Board and newly appointed CEO of Beep. 'Our strong, long-term partnership with the visionary leaders at the JTA has laid the groundwork for the transformation of mobility and accessibility across the nation.' Beep is all about the next generation of shared mobility services with driverless, electric, multi-passenger vehicles designed to serve both public and private communities, in rural as well as urban settings. Beep's AV-agnostic supervision and management platform (AutonomOS™) enables operators and agencies to deliver transit-integrated AV mobility services at scale, providing for vehicle and cabin supervision, fleet orchestration, and integrated workflow management. With data from many deployments leading up to this point, Beep has been able to utilize artificial intelligence insights and data learnings to enhance and advance the safety, rider experience, and operating capabilities of autonomous transportation platforms. First and Last Mile Services The City of Jacksonville is geographically large with low-density; therefore, the addition and integration of new NAVI vehicles aims to enhance efficiency and safety, offering more reliable first- and last-mile services and expanding access to more destinations and riders. "The goal of the Ultimate Urban Circulator is to provide multi-modal transit options that improve the city's health, economy, and environment," said JTA CEO Nat Ford. 'The launch of NAVI is a crucial step toward a smarter, more accessible, better-connected Jacksonville – a city that is defining the future of mobility.' The vehicles will be deployed along the Bay Street Innovation Corridor, a 3.5-mile route in downtown Jacksonville with twelve stops from the Central Business Core to the Sports and Entertainment District. The routing aims to encourage downtown revitalization. The NAVI autonomous transit system in downtown Jacksonville, Florida. New Funding and New Leadership Beep has also announced the closing of a $52.7M funding round co-led by Intel Capital and Blue Lagoon Capital. The company notes that this new financing brings Beep's total capital raised to $97.7M. Funding will support expansion further into key markets. Additionally, Beep's Chairman of the Board, Kevin Reid, will succeed Joe Moye as Beep's CEO. Reid is a longtime technology investor and executive with over two decades of experience building strong companies, teams, and leadership. "Our continued investment in Beep reflects our confidence in their vision for building the next generation of public transit systems that reduce traffic congestion, improve rider safety, and expand accessibility," said Mark Rostick, Senior Managing Director at Intel Capital. 'As the company's longtime chairman, Kevin brings a wealth of experience and expertise to the CEO role and is well-equipped to lead the Jacksonville program and Beep's future expansion into new communities.' Early Players Find A Niche As noted above, Beep is relying on Oxa for autonomous driving. Oxa was one of the early players in fielding autonomy. Veterans of the autonomy space will remember Oxbotica, which was founded in the U.K. back in 2014 by professors at Oxford University's Mobile Robotics Group. Their first autonomous passenger rides occurred in 2019 as part of the DRIVEN project. The company rebranded to Oxa in 2023. The Way Forward For Public Transit and Autonomous Rides According to Beep, NAVI represents the first fare-generating fixed-route application of shared AVs in the U.S. transit industry. The multi-year service is fully compliant with all transit-related specifications and fully integrated with all relevant public transit agency functions at the federal, state, and local levels. The company emphasizes their uniqueness in focusing on autonomous public transit rather than single passenger rides, asserting the company 'is uniquely positioned to eliminate congestion by managing, monitoring, and tasking autonomous vehicles more safely and efficiently.' For years, robo-shuttle deployments around the world have been temporary research and demonstration pilots. They were great for a mayor or city council aiming to position their town as tech-forward. In some cases, the pilots produced insights on safety performance and/or user satisfaction. Across a crowded space, Beep has been front and center in the process, managing 38 autonomous shuttle deployments across nine states. Others have had success in recent years as well, notably May Mobility. May deployed safety-driver based services as early as 2021 and began driverless operations in the Sun City, Arizona in 2023. With four sites across the U.S., the company has since transitioned operations in other areas to driverless. A deployment in Tokyo is in the works. More recently, the VW-owned MOIA autonomous ridepooling service began small-scale driverless services in Hamburg – a major milestone for the European space. They are also conducting tests in Munich and Austin. Whether Beep has scored an industry-first or not would require some hair-splitting in the arcane world of public transit. In the end, what matters is that autonomous shared-ride services have turned a corner through the establishment of fully funded multi-year contracts for moving people through cities. If robo-shuttles are able to provide greatly enhanced service (cost, convenience, personal safety) compared to today's transit systems, we could see significant uptake by citizens and improvements in traffic flow and energy consumption. Nevertheless, the number of deployments remain small. Watch the pace of expansion to assess how real this transition is within the stodgy world of public transit.
Al Bawaba
03-07-2025
- Business
- Al Bawaba
Moro Hub Welcomes High-Level Delegation from DIFC to Showcase its Cutting-Edge Digital Infrastructure and Smart Solutions
His Excellency Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), welcomed a high-level delegation from Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia, at Moro Hub, a subsidiary of Digital DEWA, the digital arm of DEWA. The delegation was led by His Excellency Essa Kazim, Governor of DIFC, and included Arif Amiri, Chief Executive Officer of DIFC Authority, Ahmad Albastaki, Senior Vice President, Information Technology at DIFC Authority and Muath Al Kubaisy, Vice President, Information Technology Infrastructure at DIFC Authority. The visit focused on exploring the advanced digital facilities provided by Moro and in addition to diverse smart solutions in the areas of digital transformation, including cloud computing, cybersecurity, smart cities, and the Internet of Things (IoT).The meeting was attended by Eng. Marwan Bin Haidar, Vice Chairman – Digital & Group CEO of Digital DEWA; Eng. Waleed Bin Salman, Vice Chairman – Energy at Digital DEWA; Abdul Nasser Abbas, Board Member of Digital DEWA; and Mohammed Bin Sulaiman, CEO of Moro Excellency Saeed Mohammed Al Tayer said: "In line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, we continue our efforts to cement Dubai's position as a global hub for sustainable digital solutions. Through Digital DEWA, we contribute to accelerating the digital transformation journey and providing advanced digital infrastructure that fosters innovation in the government and private sectors. This supports the UAE Net Zero by 2050 strategy, the Dubai Clean Energy Strategy 2050, and the Dubai Net Zero Carbon Emissions Strategy 2050, ensuring a sustainable future for generations to come. We are pleased to welcome the DIFC delegation and showcase our efforts in supporting Dubai's drive to lead the digital economy, reaffirming the integration of our efforts to achieve local and global sustainability goals."The visit began with a comprehensive presentation on Moro Hub's innovative service offerings across cloud and hosting, cybersecurity, smart cities, IoT, and advanced digital solutions. The presentation provided insights into how Moro Hub enables public and private sector entities to accelerate digital transformation in alignment with the UAE's vision for a sustainable and smart Excellency Essa Kazim, Governor of DIFC, said: 'Dubai's ascent as a global hub for the future economy is underpinned by visionary partnerships that integrate advanced digital infrastructure with world-leading policy and innovation ecosystems. Our collaboration with Digital DEWA and Moro Hub exemplifies this approach, reinforcing our collective commitment to delivering the ambitions of the Dubai Economic Agenda (D33). As the region's leading global financial centre, DIFC plays a central role in shaping a sustainable, technology-driven economy — one that not only meets the needs of tomorrow, but positions Dubai at the forefront of global innovation.'Following the presentation, the delegation toured several of Moro Hub's flagship facilities, including its world-renowned Green Data Centre, the Network Operation Centre (NOC), the Security Operation Centre (SOC), and the Smart Cities and IoT Command Centre. Each stop demonstrated the depth of Moro Hub's technological capabilities and commitment to secure, reliable, and sustainable digital services. The visit underscored Moro Hub's role as a key enabler of digital advancement in the region, showcasing the robust infrastructure, intelligent command centres, and highly secure environments that position the company at the forefront of innovation.
Associated Press
02-07-2025
- Automotive
- Associated Press
Miovision is Unlocking $56 Billion in Productivity with Next-Gen Traffic Solutions
Gridlock isn't just frustrating; it's draining the economy. With $56 billion lost annually to traffic congestion in Ontario alone, Miovision is rewriting the rulebook on urban mobility. By harnessing cutting-edge V2X (Vehicle-to-Everything) technology, Miovision is helping cities reclaim billions in lost productivity, reduce traffic bottlenecks, and pave the way for smarter, safer streets. 'Time is money, and both are being wasted on outdated traffic systems,' said Kurtis McBride, CEO of Miovision. 'Our solutions are proving that smarter intersections lead to thriving cities—not decades from now, but today.' The Goal: Smoother, More Efficient Traffic Flow Miovision's powerful suite of tools, including I2X-ready technology, is creating real results where it matters most. By using advanced analytics and real-time data, these integrated systems not only keep cars moving but optimize public transit and emergency services. Recent deployments have slashed congestion by up to 15% while cutting collision risks by 20%. The company's cost-effective solutions integrate with existing infrastructure, meaning cities can see immediate returns without hefty overhauls. With these tools, urban centers are unlocking economic gains while delivering measurable and immediate improvements to everyday life. Leading the Charge Towards Connected Cities Congestion doesn't just waste time; it suffocates economies. Miovision is stepping up to tackle this challenge head-on, turning inefficiency into opportunity. By seamlessly integrating with municipalities' road networks, technology transforms outdated intersections into high-performance hubs for data, safety, and flow. From mid-sized cities to major metropolitan areas, Miovision's solutions are designed to solve today's challenges and anticipate the demands of tomorrow. 'Traffic shouldn't stand in the way of a city's progress,' added McBride. 'Every intersection equipped with Miovision technology represents another step toward economic resilience and smarter mobility.' The Moment to Act is Now With North America's urban centers facing growing congestion costs, Miovision is calling on cities to act. Backed by success stories and scalable solutions, the company is offering municipalities the tools they need to optimize traffic flows, reduce emissions, and bring people and goods to destinations faster. The road to smarter cities starts today. For more information about Miovision and its groundbreaking V2X solutions, visit About Miovision Miovision is a global leader in intelligent traffic management solutions, empowering cities to enhance road safety, reduce congestion, and foster sustainable urban environments. Since its founding in 2005, Miovision has been at the forefront of innovation, delivering data-driven insights and scalable solutions to transform today's mobility challenges into tomorrow's seamless journeys. With its cutting-edge V2X technology deployed across 70,000 signalized intersections worldwide, Miovision continues to redefine urban transportation. Media Contact Company Name: Miovision Contact Person: Dina Guttensohn Email: Send Email Phone: 1-877-646-8476 Country: Canada Website: Source: Brand Push
