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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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Indian app Elyments clubs social media, instant messaging and puts focus on privacy

India has just launched a new Social Media application of its own – Elyments. The social media super app is 100 percent homegrown in India and brought to life by over 1,000 IT professionals. The app was officially launched today by the Vice President of India, M Venkaiah Naidu in the presence of Gurudev Sri Sri Ravi Shankar, Humanitarian & Founder of the Art of Living. It is now available on the Google Play Store as well as the Apple App Store.

Combining the features of many social media applications into one platform, Elyments is a social media app, an instant messaging app, and a tool for voice and video calls, all clubbed into one. Elyments’ vision is to combine the features of popular social media apps and present it on a single unified app. Terms that have become second nature to social media users – contacts, friends, followers, have all been brought together in Elyments.

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Elyments and the focus on privacy

Elyments has been built keeping the user’s privacy in mind as a primary concern. The nation’s top privacy professionals have been guiding the design of the product. Hence, the data of users is stored in India and user’s data will never be shared with a third party without the user’s explicit consent. The app puts the privacy card ahead, at a time when plenty of social media apps that originate in other countries go through various lapses of privacy.

The app will also be available in more than eight Indian languages. Elyments has been crowd-tested extensively by more than 1000 people for several months. Close to 200,000 people have already downloaded and are using the app.

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In weeks to come, Elyments also plans to launch a bunch of other features. This includes Audio/Video calls, an interface for secure payments, and public profiles that can be followed or subscribed to. There will also be a curated commerce platform to promote Indian brands and regional voice commands.



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