US Stock Market Move | Obtain a $120 million artificial intelligence infrastructure contract, Blaize Holdings (BZAI.US) surges more than 40%.

On Friday, Blaize Holdings (BZAI.US) surged over 40%, reaching a 5-month high at $4.27. On the news front, the company collaborated with Starshine and secured a $120 million contract for artificial intelligence infrastructure. According to the contract, the two companies will launch a hybrid AI platform targeting rapidly growing industries including urban monitoring, retail security, automation and manufacturing predictive maintenance, as well as agricultural resource optimization.