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...

Nothing CEO Carl Pei shares his predictions for 2023: Here’s what he has to say

The year 2023 has just begun and it has already brought a lot of questions along with such as — what will happen to Twitter under Elon Musk or will metaverse be adopted by the masses? As these questions linger, Nothing founder and CEO Carl Pei has shared his own predictions for the year 2023.

In a Twitter thread shared earlier this week, Pei shared his thoughts about everything from the fate of Twitter to the state of the metaverse to the future of companies such as Meta and Apple. In the Twitter thread, the Nothing founder said that at least AI-based ‘killer app’ will emerge in the year 2023. He also said that Tesla will become ‘just another car brand’ as traditional car makers catch up. If this is true, Tesla is likely to face stiff competition from traditional carmakers as they launch their own electric and hybrid cars.

Talking about Twitter, another company that has Elon Musk as its CEO, Pei said that the micro-blogging platform will get better this year. The metaverse, on the other hand, will remain far from mass adoption. However, Meta-founder Mark Zuckerberg is likely to turn around his company’s fate this year.

Sharing his thoughts about Apple, the Nothing founder said that the company’s shares are expected to soar higher owing to its ‘very high-quality’ business. However, “world governments make tougher moves against Apple and their anti-consumer behaviors,” he added.

In his Twitter thread, Musk also shared his views about the fate of smartphones in the year 2023. He said that while smartphones will keep getting a stronger tool for distribution of software and services, they will see almost no innovation at all.

Lastly, the Nothing CEO also shared his views on the state of hybrid working. He said that hybrid work will fade, and the companies will choose full remote or full on-site. “Hybrid won’t disappear in 2023 but will be less popular than today. It has way more communication and coordination overhead than full remote or full on-site. During recession, companies need to do everything they can to increase their odds of survival,” he added.

The post Nothing CEO Carl Pei shares his predictions for 2023: Here’s what he has to say appeared first on BGR India.



from BGR India https://ift.tt/ZnygRur
via IFTTT

Comments