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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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Metas Threads app to cross 100 mn users while Twitter traffic dips

Meta’s Twitter rival, Threads, is set to cross 100 million user sign-ups as Twitter is experiencing a decline in traffic.

Meta launched Threads last week for iOS and Android users in 100 countries, and it is currently the top free app on the App Store.

There are currently over 97 million accounts on the Threads app, based on the number badges that appear on Instagram profiles and indicate when someone joined the new app, reports Search Engine Journal.

At the current rate of user adoption, Threads would soon reach 100 million users.

The new app crossed 2 million sign-ups in just two hours after launch, 10 million users in seven hours and 30 million in just 12 hours.

IT service management company Cloudflare CEO Matthew Prince on Sunday tweeted a graph showing Twitter’s declining domain name system (DNS) ranking from January to now.

Instagram head Adam Mosseri last week clarified that Meta does not want to replace Twitter but create a public square for communities on Instagram that never really embraced Twitter and for communities on Elon Musk-run platform “that are interested in a less angry place for conversations, but not all of Twitter”.

The new application is currently missing features such as direct messages, a “Following” feed, a full web version, a chronological feed and more.

— IANS

The post Meta’s Threads app to cross 100 mn users while Twitter traffic dips appeared first on Techlusive.



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