Skip to main content

Featured Post

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...
1 comment
Read more
Labels

Meta plans to shut down video calling smart display Portal, smartwatches projects after massive layoffs

Meta has planned to shut down its video calling smart display ‘Portal’ and its two unreleased smartwatches projects, as the company eliminated 11,000 jobs. The Meta executives announced at an internet meeting that the company has planned to kill both Portal and the wearables, reports The Verge.

The tech giant has also dropped its plans to offer Portal video calling hardware to other businesses, as well as the other two smartwatches that were in the early and intermediate stages of development. The most advanced smartwatch, code-named ‘Milan’, which was expected to ship in spring 2023 for about $349 and was likely to feature two built-in cameras for video conversations, was secretly postponed by Meta in June, the report said.

Recently, Meta had announced plans to launch another consumer-grade virtual reality headset next year. At the company’s earnings call, Meta Founder and CEO Mark Zuckerberg said that the new high-end VR headset would deliver high-resolution mixed reality to blend virtual objects into the physical environment around the users.

“Our goal for the Quest Pro line over the next several years was to enable more and more people to get their work done in virtual and mixed reality even better than they could on PCs,” said Zuckerberg.

Meanwhile, Meta India country head Ajit Mohan has resigned with immediate effect to pursue another opportunity. Manish Chopra, who is serving currently as director and head of partnerships at Meta, will replace him. Mohan joined Meta back in 2019 when the Mark Zuckerberg-led company was known as Facebook and spearheaded several projects. He is now reported to join Snap, the parent company of the popular photo and video-sharing app Snapchat.

“Ajit has decided to step down from his role at Meta to pursue another opportunity outside of the company,” Meta’s Vice President of Global Business Group Nicola Mendelsohn said in a statement. According to Moneycontrol, Mohan’s exit from Meta India was sudden, leaving the employees shocked.

The post Meta plans to shut down video calling smart display Portal, smartwatches projects after massive layoffs appeared first on BGR India.



from BGR India https://ift.tt/X5R2SkD
via IFTTT
Email Post
Labels:

Comments

Post a Comment

add