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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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India just hosted its first blockchain wedding: The ceremony just took 15 minutes

Shruti Nair and Anil Narasipuram recently held India’s first ‘blockchain wedding’. The couple soon after their court marriage in November 2021 used an ‘Ethereum smart contract’ to hold a wedding ceremony using blockchain technology.

The wedding was seen over by a ‘Digital priest’, Anoop Pakki, who mined an NFT using the OpenSea platform and transferred it to the couple. During the digital wedding, the couple read their vows, which went as follows:

“We won’t make any big promises, but we will do everything we can to make this work. Through all our disagreement and conflict, we hope to grow our understanding of each other and ourselves. We don’t expect to be the whole village for each other, but we will be by each other’s side, hand in hand, walking through this adventure, together.”

These vows are a part of their NFT. It took a mere 15 minutes to commemorate the blockchain wedding.

Narasipuram after the wedding updated his LinkedIn profile stating that “The transaction is a permanent, immutable and public record of our commitment to each other on the ETH blockchain.”

The NFT created by the couple was Nair’s engagement ring along with the wedding vows written on a picture. The transaction took only $35 (approximately Rs 2,612) in Ethereum gas fees. The digital priest during the wedding stated, “And now, by the power vested in me by Ethereum, it is my honour and delight to declare you married. I am pleased to present the newlyweds.”

Apart from this, India is hosting Asia’s first wedding reception in the Metaverse today. Dinesh Kshatriya and Janaganandhini Ramaswamy are hosting a Hogwart-themed virtual wedding. The wedding also has an NFT collection, which includes virtual avatars of the bride and the groom along with some of the family members with a Harry Potter-themed background. The collection includes 12 NFTs in total, which also included one wedding invitation consisting of 50 copies. All of the copies were sold for $10 and one was resold for $100. One of the invitation cards has already crossed $4,450 in value.

The post India just hosted its first blockchain wedding: The ceremony just took 15 minutes appeared first on BGR India.



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