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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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Meta CEO Mark Zuckerberg announces a designer clothing store for avatars

Meta is introducing a new digital designer clothing store called the “Meta Avatars Store” to allow users to express themselves better via their avatars. Meta CEO Mark Zuckerberg made the announcement during an Instagram Live with Eva Chen, Instagram’s vice president of fashion partnerships.

Meta introduces “Meta Avatars Store”

To be available across Facebook, Instagram and Messenger, the virtual store will let users buy digital clothes from big brands and designers. For starters, the store will get clothing lines from Balenciaga, Prada and Thom Browne. Meta hasn’t revealed as to how much the users will have to pay to get these clothes. Notably, attires that are available right now will remain free for all users.

Zuckerberg also hinted that Meta plans to make this store an open marketplace and not just limit it to luxury brands so that developers can create and sell their own clothing lines.

As per the official statement by Mark Zuckerberg, “We’re launching our Avatar Store on Facebook, Instagram, and Messenger so you can buy digital clothes to style your avatar. Digital goods will be an important way to express yourself in the metaverse and a big driver of the creative economy. I’m excited to add more brands and bring this to VR soon too.”

Meta has not yet revealed if this designer clothing store will be accessible for all users globally or not. However, it will start rolling out next week in the United States, Canada, Thailand and Mexico.

For the unversed, Meta had recently announced 3D avatars for Messenger and Facebook. The Meta 3D Avatars lets you create a virtual version of yourself, letting you express yourself better in the online world. The updated version brings support for hearing aids and Cochlear implants and also adds the wheelchair for the Avatars. With these additions, Meta plans to reach a wider audience for its Avatars on its social media platforms.

The post Meta CEO Mark Zuckerberg announces a designer clothing store for avatars appeared first on BGR India.



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