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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...

NFT marketplace OpenSea admits user data leaked in major data breach

Leading non-fungible token (NFT) marketplace OpenSea has admitted a major email security breach, warning users that they may have been impacted.

In a blog post, OpenSea said it learned that an employee of Customer.io, its email delivery vendor, misused employee access to download and share email addresses – provided by OpenSea users and subscribers to its newsletter – with an unauthorised external party.

“If you have shared your email with OpenSea in the past, you should assume you were impacted. We are working with Customer.io in their ongoing investigation, and we have reported this incident to law enforcement,” the company said on Wednesday.

More than 1.8 million users have made at least one purchase through the Ethereum network on OpenSea, according to data by Dune Analytics.

OpenSea cautioned users to stay vigilant about their email practices, and be alert for any attempt to impersonate OpenSea via email.

“Because the data compromise included email addresses, there may be a heightened likelihood for email phishing attempts,” the company noted.

“Please be aware that malicious actors may try to contact you using an email address that looks visually similar to our official email domain, ‘opensea.io’ (such as ‘opensea.org’ or some other variation),” it added.

In February this year, OpenSea was hit by a phishing attack and at least 32 users had lost their valuable NFTs worth $1.7 million.

OpenSea Co-Founder and CEO, Devin Finzer acknowledged the phishing attack, confirming that at least 32 users lost NFTs.

The hack happened as OpenSea announced a new smart contract upgrade with a one-week deadline to delist inactive NFTs on the platform.

The post NFT marketplace OpenSea admits user data leaked in major data breach appeared first on BGR India.



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