New Delhi, Oct. 29 -- Small-cap multibagger stock, Blue Cloud Softech Solutions, surged 20% during Wednesday's trading session after entering into a strategic $15 million Memorandum of Understanding (MoU) with Byte Eclipse. This collaboration highlights Blue Cloud Softech Solutions' dedication to providing innovative, cost-efficient, and technology-oriented solutions aimed at transforming industrial operations.

Byte Eclipse, a US-based IoT firm, will assist in the design and development of Edge AI chips specifically for the Oil & Gas (O&G) industry.

The main goal of this partnership is to produce advanced Edge AI chips that facilitate real-time, on-site data processing and decision-making for critical applications such as Predictive Mai...