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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...

Ola to offer free home delivery of oxygen concentrators to the needy

Ola has announced that it will soon start helping users procure oxygen concentrators by providing a few basic details. After the details are validated the company will deliver the oxygen concentrator to the user’s doorstep free of charge. To provide this service, the Ola Foundation has partnered with the Give India organisation. The service will start rolling out in Bangalore next week and will expand across India in the coming weeks.

The company has stated that it will not be charging its users for the concentrator or its transportation. And after the user has recovered and feels better, it will take the concentrator back.

The service in partnership with Give India will kick off with 500 oxygen concentrators in Bangalore, later scaling up across the country with up to 10,000 units in the coming weeks.

Ride-hailing companies like Ola, Uber and Rapido have come up with a helping hand during such difficult times. Uber and Rapido are offering free rides to eligible users to and from the vaccination centres.

Uber users can add promo code 10M21V in the wallet to avail the benefit. Though it has capped the rides to a maximum of Rs 150 and a rider is entitled to a maximum of two free rides, to and from the vaccination centre. Rapido users who are above 45 years of age can avail themselves of the free rides if they get the vaccines from eligible hospitals in Delhi NCR.



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