IT Stock Below Rs 50 Jumps 17% After Company Wins Rs 147 Crore AI Infrastructure Order From IBM Cloud

IT stock below Rs 50 jumps 17% after company wins Rs 147 crore AI infrastructure order from IBM Cloud

The counter has outperformed the sector by 10.94 per cent today. It has been gaining for the last four days and has risen 16.29 per cent over the period. Technically, it traded higher than the 5-day, 20-day, 50-day, 100-day and 200-day moving averages.

Small-cap IT stock under ₹50 jumps 17% as US subsidiary gets AI project worth ₹147 crore

Blue Cloud's subsidiary, GIX, secured a $15.5 million order from IBM Cloud for AI infrastructure services within three months of joining. The project focuses on building scalable systems for AI workloads, with strict performance standards set for availability and incident response.

Blue Cloud Wins US$15.5 Million AI Infrastructure Order from IBM Cloud Inc

Hyderabad (Telangana) [India], September 25: Blue Cloud Softech Solutions Limited (“Blue Cloud” or “the Company”) (BSE: 539607; NSE: BLUECLOUDS), an AI-first technology company, today announced that its wholly owned US subsidiary, Global Impx Inc. (“GIX”), has received a signed Statement of Work from IBM Cloud Inc for AI Infrastructure Design, Deployment and Support Services, at […]

Blue Cloud Softechs Stock Surges After Winning $15.5 Million IBM Cloud Contract

Quick Summary: Blue Cloud Softechs Stock Surges After Winning $15.5 Million IBM Cloud Contract Blue Cloud Softech shares jumped 13.42% after its U.S. subsidiary won a $15.5 million IBM Cloud contract. The contract involves building AI infrastructure for IBM Cloud, including GPU compute clusters and high-performance storage. The project includes stringent service levels, such as […]

Blue Cloud Wins USD15.5 Million AI Infrastructure Order from IBM Cloud Inc

US subsidiary Global Impx Inc. to design, build and support a GPU-powered enterprise AI platform in New Jersey; work has commenced   Hyderabad, Sept 25: Blue Cloud Softech Solutions Limited (“Blue Cloud” or “the Company”) (BSE: [...]