Blue Cloud Softech Plans $150M EdgeAI Chip Co-Development With Israeli Firm For India's Semiconductor Manufacturing
Blue Cloud Softech Plans $150M EdgeAI Chip Co-Development With Israeli Firm For India's Semiconductor Manufacturing

Blue Cloud Softech Plans $150M EdgeAI Chip Co-Development With Israeli Firm For India's Semiconductor Manufacturing

News summary

Blue Cloud Softech Solutions Limited (BCSSL) has signed a $150 million Technology Ownership Transfer (ToT) agreement with an Israel-based company to co-develop advanced edge AI semiconductor chips designed for AIoT and industrial automation applications. Under the partnership, the Israeli firm will provide core hardware architecture and reference design, while BCSSL will own and develop the entire software stack, ensuring complete technology ownership and intellectual property control in India. The five-year strategic investment plan includes technology integration, product development, and a manufacturing setup in India, aligning with the Government of India's "Aatma Nirbhar Bharat" initiative to boost domestic semiconductor manufacturing. BCSSL is in advanced discussions with leading Indian semiconductor manufacturers to fabricate these chips locally for large-scale production. The initiative supports BCSSL's existing $15 million collaboration with Byte Eclipse for edge AI chip integration in the Oil & Gas sector and addresses several upcoming projects in defense, energy, and industrial AIoT domains. This partnership represents a major step in strengthening India's AI chip development capabilities and semiconductor ecosystem.

Story Coverage
Bias Distribution
100% Right
Information Sources
11c6c209-6071-4ed7-873c-cae6457e42b7
Right 100%
Coverage Details
Total News Sources
1
Left
0
Center
0
Right
1
Unrated
0
Last Updated
4 days ago
Bias Distribution
100% Right
Related News
Ask VT AI
Story Coverage

Related Topics

Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Present

Gift Subscriptions

The perfect gift for understanding
news from all angles.

Related News
Recommended News