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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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Matrix star Keanu Reeves thinks NFTs are a joke as ‘they’re easily reproducible’

Although the Matrix series is quite ahead of our times in terms of technology, this Matrix actor has some interesting take on two of the most popular concepts of the tech world: Metaverse and NFT or “Non-fungible token”. The Matrix Resurrections star Keanu Reeves thinks the entire concept of NFT is a joke. You ask why? The actor believes that “They’re easily reproduced”. He further said that the idea of Metaverse also came way before Meta, formerly Facebook, introduced it recently.

In a recent interview with The Verge, Keanu Reeves laughed at the mention of NFT and said that NFTs are items that can’t be copied but can be easily reproduced. Notably, NFTs created for his upcoming The Matrix Resurrections film became quite popular and resulted in the temporary crash of the website on which they were sold.

For the unversed, NFT collectables are the rare digital artefacts that can be owned by the users via blockchain networks that back cryptocurrencies. NFTs items include all forms of art, tweets, music, GIFs, and more other digital assets. Notably, other than art lovers and investors, Indian celebrities like Amitabh Bachchan, Salman Khan, Sunny Leone, Yuvraj Singh have also invested in NFTs recently.

Reeves added that he is not unaware of the blockchains as he even owns a cryptocurrency that his friend bought for him. He is “HODLing” it at the moment and isn’t actively trading any of it as of now.

As for Metaverse, Reeves believes that Metaverse is not invented by Facebook as the concept is way older. He doesn’t want Facebook to own metaverse. He elaborated that he is not against decentralized technologies like cryptocurrency and metaverse as long as Facebook stays out of it.

The post Matrix star Keanu Reeves thinks NFTs are a joke as ‘they’re easily reproducible’ appeared first on BGR India.



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