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AMD to invest $400 million in India by 2028: Here’s what we know

US chipmaker Advanced Micro Devices said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru. AMD’s announcement was made by its Chief Technology Officer Mark Papermaster at an annual semiconductor conference that started Friday in Prime Minister Narendra Modi’s home state of Gujarat. Other speakers at the flagship event include Foxconn Chairman Young Liu and Micron CEO Sanjay Mehrotra. Despite being a late entrant, the Modi government has been courting investments into India’s nascent chip sector to establish its credentials as a chipmaking hub. AMD said it will open its new design centre campus in Bengaluru by end of this year and create 3,000 new engineering roles within five years. “Our India teams will continue to play a pivotal role in delivering the high-performance and adaptive solutions that support AMD customers worldwide,” Papermaster said. The new 500,000-square-foot (55,5...
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Google offers Dunzo delivery through Pay app

Google in India now offers grocery delivery from Dunzo through its payment app. The company has joined hands with the delivery startup which enables people to book delivery of items and grocery. This can be done without having to download another app. With this partnership Google’s has indirectly entered the Indian delivery segment. It competes with Amazon and Zomato among others.

Offering the service through Google Pay ensures Google relies on Dunzo for its on-ground network. This way, Dunzo gets access to its payment Pay app users. As per the latest reports, Pay has over 67 million users in India, where it competes with Paytm and PhonePe. Adding delivery to its catalogue is an interesting move. With the pandemic forcing many people to stay indoors, e-commerce delivery got the nod from the Indian government. And Google seems to be joining the party with this partnership.

How Dunzo works via Google Pay?

To use this feature, head over to Google Pay, scroll down to the business section and click on explore. Now, you will notice Spots section, from where you can select Dunzo. The delivery service app will open up in a new window from where orders can be placed.

The service is available in select parts of the country, and you can check for your region.

Google is exploring the idea of picking up stake in Vodafone Idea Limited. The search giant is reportedly considering  purchase of 5 percent stake in Vodafone’s struggling India business. According to Financial Times, Google’s move would pit the search giant against Facebook in the world’s fastest-growing mobile market. Jio Platforms, the subsidiary of Reliance Industries, has seen intense interest in the recent weeks.

Watch Video: Top 5 apps providing free services during coronavirus pandemic

With the adoption of its payments service – Google Pay – reaching a critical mass, Google is looking for more investment in the market. With anti-China sentiment, the US tech giants could easily make sweeping investments in India’s telecom market.



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