South Korea-US physical AI cooperation begins in earnest — Joint development of AI semiconductor-based products
El Dorado Hills, California and Seoul, South Korea, June 24, 2026 /PRNewswire/ — SPHERE AX (CEO: Yunha Park), a vision AI and edge AI computing specialist, announced that it has signed a strategic memorandum of understanding (MOU) with Blaize Holdings, Inc. (NASDAQ: BZAI, NASDAQ: BZAIW) (“Blaize”), a global AI semiconductor company headquartered in El Dorado Hills, California, to advance the joint development and commercialization of AI. We aim to develop semiconductor-based products and establish a leading position in the global physical AI market.
Blaze CRO Steven Pathak and SpearAX CEO Yuna Park sign a memorandum of understanding in Congress
The signing ceremony was held prior to the “Policy Roundtable for Korea-U.S. Physics AI Cooperation and Building an AI Industrial Innovation Ecosystem” held at the National Assembly. The ceremony coincided with ongoing discussions on strengthening the national competitiveness of the AI semiconductor industry and expanding global technological cooperation.
Through this partnership, the two companies plan to explore cooperation in a wide range of areas, including joint research and development in edge AI computing, potential commercialization of AI semiconductor-based solutions, business development opportunities beyond target industries, and joint business development for domestic and international customers.
In particular, this cooperation is important because through this cooperation, both parties intend to combine overseas core semiconductor technology with domestic commercialization to build Korea-based AI products for the world. supply.
Blaize and SPHERE AX will jointly develop next-generation physical AI solutions targeting global markets by combining Blaize’s AI semiconductor technology optimized for physical AI with SPHERE AX’s core software expertise, including vision AI. The jointly developed solutions will be applied to various fields such as smart cities, smart factories, industrial safety, security, robotics, and mobility, and are expected to be a meaningful step towards Korea-US cooperation in the field of physical AI.
Starting with this strategic partnership, the two companies will work toward establishing an AI semiconductor-based product development and production system in South Korea, and by collaborating with the government’s AI semiconductor industry promotion policy and South Korea’s advanced manufacturing industry, they intend to proactively contribute to strengthening the competitiveness of South Korea’s AI semiconductor industry and expanding the global supply chain. Through the partnership with SPHERE AX, Blaize recognizes the company’s technological capabilities and growth potential in the Korean market, and the two companies intend to build a long-term cooperation.
Yuna Park, CEO of SPHERE AX, The company said, “This cooperation is not just a technical partnership, but the first step toward actually developing and producing commercial AI products in Korea based on globally competitive AI semiconductor technology.” Yunha added, “We will continue to expand various global businesses in order to help South Korea grow into an important production base for the global edge AI market.”
Dinakar Munagara, Blaize CEO“South Korea is a strategically important market, combining global technology leadership and speed to bring new AI solutions to market.” Munagara added, “Through our partnership with SPHERE AX, we will create new growth opportunities and expand the reach of our platform from Asia to global markets.”
company Introduction
sphere ax
SPHERE AX is a vision AI and edge AI computing company that provides solutions in the automotive, robotics, smart factory, and industrial safety AI fields based on its proprietary AI video analytics technology.
Blaze
Blaize Holdings, Inc. (Nasdaq: BZAI, Nasdaq: BZAIW) (“Blaize”) is an AI semiconductor company with a global presence headquartered in El Dorado Hills, California. The company offers a programmable AI platform purpose-built for AI inference in real-world environments. Its hybrid AI architecture combines the proprietary Blaize GSP (Graph Streaming Processor) with GPU-based infrastructure to enable you to run AI workloads across the edge, cloud, and datacenter. Blaize’s solutions support computer vision, multimodal AI, and sensor-driven applications across smart cities, industrial automation, telecommunications, retail, logistics, and mission-critical sectors.
Cautionary note regarding forward-looking statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), which are based on beliefs and assumptions and information currently available to Blaze, including the expectations and scope of the Memorandum of Understanding with Sphere AX, potential value, investments and investments. engagement results, the availability of integrated solutions, the industries in which Blaize operates, market opportunities, and product offerings. In some cases, forward-looking statements include words such as “may,” “will,” “could,” “will,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” They can be identified by words such as “estimate,” “predict,” “anticipate,” “may,” “continue,” “in progress,” “target,” “seek,” or the negative or plural of these words. Predictions or similar expressions indicating future events or prospects. However, not all forward-looking statements contain these words. Forward-looking statements are predictions, projections or other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements herein. These include, but are not limited to, the factors described under the heading “Risk Factors” in our Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on March 24, 2026 and as amended by Amendment No. 1 to Form 10-K/A filed with the SEC on April 30, 2026. Quarterly Report on Form 10-Q filed with the SEC on May 14, 2026 and other documents Blaize files with the SEC from time to time. These filings identify and address other important risks and uncertainties that could cause actual events or results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date on which they are made. Readers are cautioned not to place undue reliance on forward-looking statements, and Blaze undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law, including the U.S. securities laws and the rules and regulations of the SEC. Blaze gives no guarantee that it will achieve any expectations.
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