28
May
Startup Blaize Inc., which supplies artificial intelligence chips for edge devices and data centers, today disclosed that it has raised $106 million in fresh funding. The capital was provided by a consortium that included Mercedes Benz, Franklin Templeton and a half-dozen other backers. The round comes less than six months after Blaize announced plans to go public through a merger with a special purpose acquisition company, or SPAC. The chipmaker said at the time that the deal was expected to raise at least $71 million. Most AI models are implemented as a collection of code snippets called artificial neurons. Each…