Blaize (BZAI) Expands Global AI Footprint with Saudi Arabia Partnership

Blaize Holdings, Inc. (NASDAQ:BZAI) is one of the best tech stocks under $10 to invest in. On September 17, Blaize Holdings announced a partnership with Technology Control Company (TCC), a tech solutions provider in Saudi Arabia, to help build the country’s AI infrastructure and support its digital transformation goals. The collaboration is designed to boost local technology capabilities and create secure, scalable digital systems for both government and private sectors.

The project will use Blaize’s hybrid AI platform, which is already in use across Asia through partners like Starshine Computing Power Technology. By combining Blaize’s energy-efficient AI technology with TCC’s regional expertise, the partnership will deliver solutions for industries across the Gulf region, focusing on areas like smart infrastructure and public safety.

The agreement also covers joint training programs, workshops, and the co-development of AI applications to speed up adoption. Blaize Holdings, Inc. (NASDAQ:BZAI) CEO Dinakar Munagala said the partnership marks an important step in expanding the company’s global presence while tapping into growing demand for advanced technology in Saudi Arabia.

Earlier on September 9, B. Riley analyst Craig Ellis initiated coverage of Blaize with a Buy rating and a price target of $9. The analyst considers the company as uniquely positioned in the enterprise AI space which, according to him, is still in early stages of adoption.

Blaize Holdings, Inc. (NASDAQ:BZAI) designs and builds edge-computing processors and software platforms for markets such as automotive, defense, smart infrastructure, and industrial systems.

While we acknowledge the potential of BZAI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.