Blaize Holdings reported second-quarter 2026 revenue of $12.0 million, up from $2.7 million in the prior quarter and $2.0 million year-over-year, though gross margin contracted to 8% due to a mix shift toward lower-margin third-party server hardware. The company announced a binding agreement for 2,000 servers valued at approximately $70.0 million, with roughly $20.0 million expected as revenue in the second half of 2026 and the remainder as backlog for 2027. Management revised its full-year 2026 revenue outlook downward to a range of $40.0 million–$43.0 million from previous expectations, citing slower conversion of opportunities into orders and higher memory costs. Blaize also reported a net loss of $28.8 million for the quarter and ended June with $36.8 million in cash. The company operates in the edge AI computing industry, providing programmable hardware and software platforms for real-time inference workloads.