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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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Bill Gates says top AI agent will replace search, shopping sites

Bill Gates, Microsoft Corp’s co-founder, on Monday, said the technology race to win is the development of the top artificially intelligent agent, poised to disrupt search-engine, productivity and online shopping sites.

“You’ll never go to a search site again,” he said. “You’ll never go to Amazon.”

Speaking at AI Forward 2023, an event in San Francisco hosted by Goldman Sachs Group Inc and SV Angel, Gates said it would disappoint him if Microsoft were not in the running, though there was a 50% chance the top player to emerge will be a startup.

Amazon.com Inc, Alphabet Inc’s Google and Microsoft did not immediately respond to requests for comment.

Gates said Inflection AI, co-founded by entrepreneur Reid Hoffman, impressed him. Various industry players have worked on building a computer assistant, powered by AI, that consumers can command by speech or text to handle a range of tasks for them.

“Whoever wins the personal agent, that’s a big thing,” Gates said.

— Reuters

The post Bill Gates says top AI agent will replace search, shopping sites appeared first on Techlusive.



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