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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...

Modi in US: Microsoft Chairman Satya Nadella meets PM Modi heres what they discussed

Microsoft Chairman and CEO Satya Nadella, who met Prime Minister Narendra Modi in the US, discussed several key topics with him and one important subject was how Artificial Intelligence (AI) can help improve the lives of Indians.

Prime Minister Modi met Nadella and other key leaders at the White House in Washington, DC, on Friday, along with a delegation of officials from India.

“While these conversations were private, one important topic was the power of technology, particularly Artificial Intelligence (AI), to help improve the lives of Indians,” Microsoft said in a statement to IANS.

India is home to one of the most vibrant developer and start-up ecosystems in the world.

Microsoft remains deeply committed to the growth of Indian technology — that will impact both India and markets across the globe,” the company added.

In January this year, Nadella during his India visit said that Modi’s digital vision and all the programmes that have been launched around that vision are creating amazing digital public goods, which are the greatest contributions to the world.

India Stack is a set of open APIs and digital public goods that aim to unlock the economic primitives of identity, data, and payments at population scale.

“The magic of India Stack is unlike anything that I have seen anywhere in the world, which is perhaps the greatest contribution that India can make to the world,” Nadella emphasised.

He later tweeted that “we’re looking forward to helping India realise the Digital India vision and be a light for the world”.

— IANS

The post Modi in US: Microsoft Chairman Satya Nadella meets PM Modi, here’s what they discussed appeared first on Techlusive.



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