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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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Meet Twitter CEO Parag Agarwal: Highlights of journey from IIT Bombay to Twitter

Jack Dorsey resigned from the post of Twitter late last night and also announced it on the micro-blogging site. The long time standing Twitter CEO also revealed his replacement in the company who will take the reins from Dorsey. Parag Agarwal has been chosen as the successor to Dorsey. But who is Parag Agarwal and how did he end up at the helm of one of the biggest tech companies in the world?

Here are some highlights about Parag Agarwal’s schooling, education and professional journey:

-Indian connection: Parag Agarwal hails from India and did his schooling and graduation in Maharashtra. The new Twitter CEO studied from Atomic Energy Central School and later moved to Indian Institute of Technology Bombay, according to his LinkedIn profile.

-For his further education, Parag Agarwal went to Stanford University to pursue Ph.D in Computer Science in the year 2005.

-While pursuing Ph. D, he joined Microsoft, Yahoo and AT&T Labs under for research positions.

-Agarwal finally joined Twitter in the year 2011 as a Distinguished Software Engineer. In the year 2017 he was promoted to the position of Chief Technical Officer (CTO) in Twitter and has now been pushed to the position of CEO, replacing Jack Dorsey.

-Agarwal has become the youngest CEO in the S&P 500 (US Stock market index with the top 500 companies), beating Meta CEO Mark Zuckerberg by a small margin. According to a report by Bloomberg, Parag Agarwal was also born in 1984 but his birthday falls after Zuckerberg’s.

-Jack Dorsey will be handing over the reins of the company to Agarwal effective immediately but Dorsey will continue to serve on the board till May next year in order to help Agarwal with the transition.

The post Meet Twitter CEO Parag Agarwal: Highlights of journey from IIT Bombay to Twitter appeared first on BGR India.



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