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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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Netflix teams up with Microsoft for its cheaper ad-supported subscription tier

Netflix has announced its partnership with Microsoft to launch ad-supported subscription plans globally. Microsoft has officially become the global advertising technology and sales partner. According to Netflix, the company has “offered the flexibility to innovate over time on both the technology and sales side, as well as strong privacy protections for our members”.

Netflix teams up with Microsoft for ad-supported plans

Microsoft in a blog post announced that the company will help Netflix power its first ad-supported offering globally. At the launch of this plan, users will get award-winning content on the platform. As per the official statement by Microsoft, “All ads served on Netflix will be exclusively available through the Microsoft platform. Today’s announcement also endorses Microsoft’s approach to privacy, which is built on protecting customers’ information.”

Microsoft CEO Satya Nadella tweeted announcing the partnership.

For the unversed, this year, Netflix witnessed a massive dip in the subscriber count and in revenue. So much so that the company had to layoff 300 employees. To rectify the situation, Netflix had hinted back in May that it will roll out a cheaper ad-based subscription plan for users. This tier is expected to roll out by the end of this year.

Netflix has remained tight-lipped about the details of this subscription plan. Additionally, the company has also confirmed that it will soon roll out a feature where users will be charged for sharing their Netflix account password other than the members of their household. This feature is already being tested in some parts of the world and is yet to arrive in India.

The price model of this feature is not yet revealed.

The post Netflix teams up with Microsoft for its cheaper ad-supported subscription tier appeared first on BGR India.



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