The first AI chip startup to go public in 2025 will be Blaize
Blaize, an AI chip startup, is going public via a SPAC deal on Nasdaq, focusing on chips for edge applications. Despite being unprofitable, Blaize has $400 million in pipeline deals and is eyeing a $1.2 billion valuation post-merger. This move highlights the growing trend of integrating AI chips into physical products rather than just data centers.