---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-160625"
form_type: "8-K"
ticker: "BZAI"
cik: "0001871638"
company_name: "Blaize Holdings, Inc."
filed_at: "2025-07-18T23:59:59+00:00"
generated_at: "2026-05-18T05:49:57.687299+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Blaize inks $120M APAC hybrid AI deal with Starshine, lifts 2025-26 revenue guidance

## Summary
- Strategic partnership with Starshine for minimum $120M revenue over 18 months, deploying hybrid AI across APAC smart cities.
- Revenue guidance raised: at least $35M in 2025 and at least $130M in 2026.
- Combined with prior $56M contract, total new contracts of $176M to fulfill from Q2 2025 through 2026.
- Long-term targets: non-GAAP gross margin >50% and non-GAAP EBITDA margin >30%.
- Blaize estimates TAM of $112B now, growing to $245B by 2028.

## SEC filing metadata
- accession: 0001193125-25-160625
- form_type: 8-K
- ticker: BZAI
- cik: 0001871638
- company_name: Blaize Holdings, Inc.
- filed_at: 2025-07-18T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1871638/000119312525160625/0001193125-25-160625-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1871638/000119312525160625/d54932d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-160625
- JSON: https://secwatch.observer/filing/0001193125-25-160625.json
- Plain text: https://secwatch.observer/filing/0001193125-25-160625.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.