Blaize Holdings, Inc.

Good day and thank you for standing by. Welcome to the Blaze Fiscal Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. Please be advised that today's conference is being recorded. After the speaker's presentation, there will be a question and answer session. To ask a question, please press star 1-1 on your telephone and wait for your name to be announced. To withdraw your question, please press star 1-1 again. I would now like to hand the conference over to your speaker today, Lana Adair. Investor Relations.

Thank you and good afternoon. I am Lana Adair, Investor Relations for Blaze. Before we begin the prepared remarks, we would like to remind you that earlier today, Blaze issued a press release announcing its full year 2024 results. An investor presentation was published and is available on the Investor Relations section of Blaze's website. Today's earning call and press release reflect management's views as of today only and and we will include statements related to our competitive position, anticipated industry trends, business and strategic priorities, our financial outlook for the first quarter of 2025 and full year fiscal year 2025, all which constitute forward-looking statements under the federal securities law. Actual results may differ materially from those contained in or implied by these forward-looking statements due to risks and uncertainties associated with the business. For a discussion of the material risks and other important factors that could impact actual results, please refer to the company's SEC filings and today's press release, both of which are found on the Investor Relations website. Any forward-looking statements that we make on this call are based on assumptions as of today, and other than those that may be required by law, we undertake no obligation to up these statements as a result of new information or future events. Discussed on this call concerning Blaze's industry, competitive position, and the markets in which it operates is based on information from independent industry and research organizations, other third-party sources, and management estimates. These estimates are derived from publicly available information released by independent industry analysts and other third-party sources, as well as data from Blaze's internal research. These estimates are based on reasonable assumptions and computations made upon reviewing such data and blazes experience in and knowledge of such industry and markets. By definition, assumptions are subject to uncertainty and risk, which would cause results to differ materially from those expressed in estimates. During this call, we will discuss certain non-GAAP financial measures. These non-GAAP financial measures should be considered as a supplement to and not as a substitute for measures prepared in accordance with GAAP. For a reconciliation of non-GAAP financial measures discussed during this call to the most directly comparable GAAP measures, please refer to today's press release. Now, I'd like to turn the call over to Blaze's Chairman of the Board, Lane Best, to say a few opening remarks.

Hi, my name is Lane Bass, and I'm the chairman of Blaze. I've always enjoyed being involved with exciting technology-forward companies, and I've been fortunate enough to have some great success working with several high-growth technology companies that successfully built enormous moats in critical technology areas. I feel Blaze has all the necessary pieces to build a valuable and sustainable company in the enormous and rapidly growing AI edge space. The AI that I saw when I first met Dinokar and the founding team was something that I believed was going to be equally as disruptive as other companies I've been involved with. Particularly what intrigued me about Blaze was not only the advancement they had made in terms of the chip and silicon architecture, but also the software they developed that runs on top of the chip. To me, this was taking AI to the edge in a compelling way. If you explore what we've seen, particularly in the data center industry, these are very heavy LLM processing data center solutions. And NVIDIA will probably dominate for a long time in this space. Others like Cerberus will probably take pieces of the market. But the area of edge AI computing, this is where we believe we're going to see a lot of innovation. The team at Blaze understands that the market for AI at the edge is expected to be every bit as large, if not larger than what we see in the data center industry. And the solutions are going to take a unique design, which we believe Blaze can deliver. We believe there are going to be many use cases for Blaze's technology offerings as we go forward, including but not limited to smart city and defense systems. As was in the case with NVIDIA, Their growth began with gaming and later surged with open AI and generative AI, expanding their market share and adoption. We believe there is a similar and perhaps even more rapid demand trajectory here due to AI demand in semiconductors. Being in the public markets allows us to capitalize on this momentum and unlock the full potential of our expansion opportunities. And now I'll turn it over to Dhinakar, who will get deeper into the technology and Blaze's opportunities as a public company.