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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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Twitter may exceed 1 billion users in 12-18 months, says Elon Musk

Twitter boss Elon Musk has said that the microblogging platform may exceed one billion monthly users in the next 12 to 18 months.
“I think I see a path to Twitter exceeding a billion monthly users in 12 to 18 months,” Musk tweeted. Earlier this month, Twitter had told advertisers that its daily user growth has hit an “all-time high” after Musk’s takeover even as several advertisers left the platform amid internal chaos.

According to a company document obtained by ‘The Verge’, Twitter’s monetisable daily user (mDAU) growth has accelerated to more than 20 per cent after Musk’s takeover. As per the report, Twitter has added more than 15 million mDAUs, “crossing the quarter billion mark”.

Twitter last reported 237.8 million mDAUs and a 16.6 per cent annual growth for its second quarter. Meanwhile, American author Stephen King has mocked Twitter CEO Musk by calling him “a terrible fit for Twitter”.

“I think Elon Musk is a visionary. Almost singlehandedly, he’s changed the way Americans think about automobiles. I have a Tesla and love it. That said, he’s been a terrible fit for Twitter. He appears to be making it up as he goes along,” King tweeted. Musk replied to King’s tweet by saying, “Suggestions are welcome Mr. (crown emoji).”

He followed this up with a tweet that read, “Stephen King is one of most creative people on Earth. While I may not agree with everything he says, I do actually want to hear it.”

Musk last Friday said Twitter will tentitavily relaunch ‘Verified’ service and all verified accounts will be “manually authenticated before check activates”. The new Twitter owner had earlier paused its $8 Blue subscription service with verification after it faced chaos on the platform as fake accounts with blue badge impersonated real accounts after paying $8, saying it will relaunch it from November 29 — this time more “rock solid”.

“Sorry for the delay, we’re tentatively launching Verified on Friday next week,” said Musk. The new Twitter owner had earlier paused its $8 Blue subscription service with verification after it faced chaos on the platform as fake accounts with blue badge impersonated real accounts after paying $8, saying it will relaunch it from November 29 — this time more “rock solid”.

“Sorry for the delay, we’re tentatively launching Verified on Friday next week,” said Musk. “Individuals can have a secondary tiny logo showing they belong to an org if verified as such by that org. Longer explanation next week,” said the world’s richest man.

 

(Inputs from IANS)

The post Twitter may exceed 1 billion users in 12-18 months, says Elon Musk appeared first on BGR India.



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