New Delhi, Sept. 10 -- Kellton Tech Solutions share price jumped 6% during Wednesday's trading session following the establishment of a Memorandum of Understanding (MoU) with Hungary's E-Group ICT Software Zrt to work together on an AI project within the EU-India Framework Agreement.

The firm announced that through this MoU, Kellton will establish capabilities for AI services by developing an "AI Gigafactory," where the company will provide its expertise in software development and technology assistance.

The partnership will concentrate on establishing a sovereign, human-centered AI ecosystem that merges Europe's commitment to sovereignty and reliable innovation with India's technological proficiency and delivery ability.

Rooted in E-G...