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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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Spotify is working on a new “Platinum” HiFi streaming plan: Know features

Spotify announced its HiFi streaming tier for users back in 2021. This tier aims to offer a high-quality audio experience. This subscription plan is expected to come with support for music in CD-quality lossless audio format. However, this much-awaited plan never saw the light of day. A new survey circulated by the streaming platform that mentions this audio tier, hints that the company might be planning to launch it soon. This tier might be called the “Platinum” tier.

Spotify rumoured to launch ‘HiFi tier’ soon

As reported by 9to5Mac, a user received a survey from Spotify after he canceled his Spotify Premium plan for Apple Music after 10 years of being a Spotify user. The said survey revealed a few details of the upcoming audio tier. This tier also asked if the user would like to switch back to Spotify “in the next 30 days” for the mentioned features.

Features revealed in the survey include HiFi, Studio Sound, Headphone Tuner, Audio Insights, Library Pro, Playlist Pro and Limited-ad Spotify podcasts. In terms of pricing, this plan is expected to be priced at $19.99  (approx 1,600) per month for one single account.

For the unversed, Spotify rivals Apple Music and Amazon Music already lossless audio, something that Spotify will start offering with the upcoming tier. It can be a bit difficult for Spotify to convince users to subscribe to the HiFi tier, since Apple Music and Amazon Music offer these features at no additional cost. A few reports hint that this is the reason why Spotify has to delay this audio tier.

Spotify has recently confirmed that users in the US will now have access to over 300,000 audiobook titles. Users will be able to browse the catalog on the Spotify app and purchase through the website, it added, similar to the purchase of a Spotify subscription. With the introduction of audiobooks, the company is locking horns with Amazon’s Audible service.

The post Spotify is working on a new “Platinum” HiFi streaming plan: Know features appeared first on BGR India.



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