Blue Cloud Softech signs $150M deal with Israeli firm to co-develop Edge AI chips in India
Blue Cloud Softech Solutions Limited (BCSSL), an AI-driven enterprise and cybersecurity solutions provider, has entered into an agreement valued at approximately USD 150 million with an Israel-based semiconductor design company specializing in edge computing architectures and AI accelerator designs to co-develop Edge AI chips in India. This includes revenue sharing with the Israel technology partner for hardware design transfer and intellectual property rights, work on technology integration, product development, and manufacturing setup in India.
Under the terms of this five-year technology ownership transfer (ToT), the Israel company will provide the core hardware architecture and reference design.
