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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...

Elon Musk to Jeff Bezos: Party less and work more

Tech billionaire Elon Musk on Saturday advised Amazon founder Jeff Bezos to party less, and work more if he wants to get to orbit. On being asked by a Twitter user, if Bezos is a good person, the Tesla CEO said he is “fine”.

“He is fine, I guess. Does seem like he is spending a lot of time in the hot tub these days” Musk wrote on the micro-blogging site.

“If he wants to get to orbit, less partying and more work would be advisable,” he added.

Meanwhile, recently, Bezos‘ space venture Blue Origin had delayed its fifth tourist flight to space, originally intended to fly on May 20.

The company in a statement said its NS-21 faced some vehicle issues. It has not announced the new target launch date.

Recently, a report said that Musk’s net worth has dropped below $200 billion after Tesla shares recently hit 11-month lows.

Similar to Musk, Bezos’ net worth has also taken a significant hit this year, dropping by $64.6 billion.

Musk is continuing to grow his status as the world’s richest man as his net worth is skyrocketing over the rest of the top earners in 2022.

Separately, talking about a question on introducing Tesla electric vehicles in India, The Boring company founder said that Tesla will not manufacture cars in the country until it is allowed to sell its cars and services first. “Tesla will not put a manufacturing plant in any location where we are not allowed first to sell & service cars,” Musk wrote in a tweet.

In the same thread on Twitter, Musk also talked about bringing Starlink’s satellite broadband internet to India. Musk, while answering a question on the availability of the service in India said that the company was in talks with the government for the same. “We are waiting for government approval,” he wrote in another tweet.

–IANS

The post Elon Musk to Jeff Bezos: Party less and work more appeared first on BGR India.



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