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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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KRAFTON signs publishing partnership with game developer Nirvanana

KRAFTON today announced that it has signed a global publishing partnership with game developer Nirvanana for its upcoming game, codenamed ZETA, a character-based strategic PvP game currently slated for release in 2025. As a controller(joypad)-oriented third-person action game, ZETA is focusing on capturing the deep and true pleasure of real-time character strategy PvP.

“KRAFTON is consistently searching for development studios with endless potential, such as Nirvanana, to strengthen our portfolio and its publishing capabilities,” said CH Kim, KRAFTON CEO. “KRAFTON plans on sharing its global experience with Nirvanana so that it can fully focus on developing ZETA.”

The partnership with Nirvanana is the first case of KRAFTON’s plan to expand second-party publishing opportunities through equity investments in external developers, which was announced in January during KRAFTON LIVE TALK(KLT), an internal communications program.

KRAFTON will help launch and operate the game when it launches on console, PC, and cloud-based global distribution platforms. In addition to publishing, KRAFTON and Nirvanana will plan to seek cooperation in other areas such as e-sports competitions and secondary work-related business. With this partnership, KRAFTON will continue to build its portfolio of games while strengthening its publishing capabilities to drive growth in the global market.

“Nirvanana and KRAFTON have something in common in that they both focus on developing games that bring fun to players around the world,” said Kim Nam-seok, CEO of Nirvanana. “We will do our best to develop the next-generation character skill fighting game ZETA as a new IP that will continue the success.”

Founded in 2022, Nirvanana was created by game developers with proven expertise and experience in creating global games. The company is currently hiring for various roles, including development, design, and art.

The post KRAFTON signs publishing partnership with game developer Nirvanana appeared first on Techlusive.



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