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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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Applications open for seventh batch of Google startups accelerator India

Tech giant Google on Monday announced to invite applications for the seventh batch of its startup accelerator programme in India that aims to nurture startups looking to leverage the potential of Artificial Intelligence (AI) and Machine Learning (ML). Google for Startups Accelerator (GFSA) is a three-month, equity-free accelerator programme for Seed to Series A tech startups in India. It has, so far, helped to accelerate the growth journeys of over 130 startups in India.

For the next batch Google is looking to support startups that are focused on utilising the transformational technologies AI and ML. “We are looking for Indian startups working across different sectors using AI and ML to solve complex problems and tackle the toughest challenges in their industry, ” the tech giant said in a statement.

Applications for GFSA are open until April 23. Startups based in India and working across different sectors either using or planning to use AI/ML or data are eligible to apply. They should preferably be between Seed to Series A stages, Google said.

The selected startups will receive mentorship and support around AI/ML, Cloud, UX, android, web, product strategy, and growth. In addition to mentorship and technical project support, the accelerator provides deep dives and workshops focused on product design, customer acquisition, and founders’ leadership development.

The programme will conclude with a demo day to connect founders, increase startup visibility and drive connections to other ecosystem builders across India.

The post Applications open for seventh batch of Google startups accelerator India appeared first on Techlusive.



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