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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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Google’s VP of labs, Salesforce’s former co-CEO to form AI company

After working 18 years at Google, Clay Bavor, Google’s vice president of labs, has announced that he will leave the company next month and will build a new artificial intelligence (AI) company with Salesforce’s former co-CEO, Bret Taylor. Bavor made the announcement in a post on his LinkedIn account. “Bret and I have known each other since our early days at Google, and I have always admired his keen product sense and entrepreneurial spirit, his technical chops, and, above all, his character and integrity,” he said.

“We share an obsession with recent advances in AI, and we’re excited to build a new company to apply AI to solve some of the most important problems in business.”

He further mentioned that until his departure next month, he will be focusing on transitioning his teams and projects, and wrapping things up properly at Google. “When I do depart next month, it will be with nothing but appreciation and gratitude.”

“I learned how to work at Google, and I saw up close what excellence looks like. I had the opportunity to work on a myriad of important products and technologies. And I learned so much along the way, from my successes and failures alike,” he added.

Bavor also said that he had got the privilege of spending his days working alongside many “spectacularly smart, endlessly interesting, and unfailingly kind colleagues, many of whom I have come to count among my closest friends.”

“My time at Google has been one of the great gifts of my life. For it, and to all of those who made that time so special, I am grateful beyond words,” he added.

 

–IANS

The post Google’s VP of labs, Salesforce’s former co-CEO to form AI company appeared first on Techlusive.



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