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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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Twitter seeks more time to comply with new rules in response to “one last notice”

Last week, the Ministry of Electronics and Information Technology (MEiTY) served a final notice to Twitter Inc in India for failing to comply with the new IT rules. The ministry said that it is extending Twitter’s deadline to respond with required measures as an act of goodwill, failing which the latter is likely to suffer consequences. Twitter India has now responded with a request.

The social media company has now asked for more time to comply with the new rules. The company says that an overview of the process has been shared with the Indian Government and is staying in touch with them for constructive dialogue. Neither party has shared a deadline for implementing the new rules yet.

Twitter asks for more time

“We have assured the Government of India that Twitter is making every effort to comply with the new guidelines, and an overview of our progress has been duly shared. We will continue our constructive dialogue with the Indian Government,” a Twitter spokesperson told the media.

Twitter

Twitter also goes on to say that it will stay committed to India and serve public conversations taking place on the platform. The government is yet to issue a formal statement on this front regarding the next move as well as the deadline.

As part of the new IT rules, every social media platform with an active member base of 50 lakhs and above is required to appoint a grievance officer, a nodal officer, and a chief compliance officer; all having Indian citizenship. Twitter currently enjoys the status of an intermediary, wherein it enjoys immunity from any liabilities over any third-party data hosted on the platform.

If Twitter decided against it, it would lose this status and would be liable for criminal action in case of a complaint. This is dictated by the Indian Penal code and the IT act.

Last week, the MEiTY made its letter to Twitter public, asking it to respond with appropriate measures. “As a gesture of goodwill, Twitter Inc is hereby given one last notice to immediately comply with the rules, failing which the exemption from liability available… shall stand withdrawn and Twitter shall be liable for consequences as per the IT Act and other penal laws of India,” said the letter.



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