Blue Cloud Softech Solutions (BCSSL) has signed a technology ownership transfer (ToT) agreement worth USD 150 million with an Israel-based technology firm to codevelop advanced Edge-AI chips.

These chips are designed to enhance AIoT and industrial automation applications. The deal includes a five-year strategic investment plan for technology integration, product development, and setting up semiconductor manufacturing in India. Under the agreement, BCSSL will own and develop the software stack, while the Israel firm will provide the core hardware design. This partnership aims to strengthen India's semiconductor capabilities, aligning with the 'Aatma Nirbhar Bharat' initiative.

The Edge-AI chip platform will enable real-time intelligence and secure data processing at the network edge, critical for autonomous industry and defence solutions. The initiative also expands BCSSL’s collaboration with Byte Eclipse and plans to scale semiconductor production domestically.