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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...

Threads records 150 million sign-ups despite dip in usage

Meta’s Twitter rival Threads has crossed 150 million user sign-ups despite a usage drop. Meta launched Threads on July 5 for iOS and Android users in 100 countries, and it is among the top free apps on the App Store. According to Data.ai, the app has surpassed more than 150 million downloads worldwide, within seven days after its launch.

“It did so 5.5 times faster than the second-fastest to that point, Niantic’s Pokemon GO, which has held the largest app launch title since it debuted in July 2016,” the report said.

Recent information revealed that Threads has gained the largest user presence in specific markets, with India leading the way, accounting for approximately 32 percent of its downloads.

Following India is Brazil, contributing to approximately 22 percent of Threads’ installations, and the US, representing nearly 16 percent of the total. Completing the top five markets for Threads are Mexico which accounts for 8 percent of downloads, and Japan with 5 per cent, the report said.

Threads surpassed 100 million user sign-ups within five days after its launch. The 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.

The steep rise in Threads’ user base, however, has alarmed Twitter, which, recently called Meta’s new platform a “copycat app.” In a letter sent by Twitter lawyer Alex Spiro to Meta, the company alleged that Meta hired former Twitter employees who had access to the company’s trade secrets. It took advantage of that to build its own app, the letter said.

“Twitter intends to strictly enforce its intellectual property rights, and demands that Meta take immediate steps to stop using any Twitter trade secrets or other highly confidential information,” Spiro wrote in a letter. “Twitter reserves all rights, including, but not limited to, the right to seek both civil remedies and injunctive relief without further notice to prevent any further retention, disclosure, or use of its intellectual property by Meta,” the Twitter lawyer added.

Andy Stone, Meta’s communications director, told Semafor that Twitter’s accusations are “baseless”. “No one on the Threads engineering team is a former Twitter employee – that’s just not a thing,” he was quoted as saying.

— Written with inputs from IANS

The post Threads records 150 million sign-ups despite dip in usage appeared first on Techlusive.



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