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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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Wipro to expand its AI capabilities in next three years: Here’s what it plans to do

Tech major Wipro today announced the launch of Wipro ai360, a comprehensive, AI-first innovation ecosystem, along with committing a $1 billion investment in advancing AI capabilities over the next three years.

The investment will focus on expanding AI, data and analytics solutions, developing new R&D and platforms, as well as enhancing ‘FullStride Cloud’ and consulting capabilities.

Wipro ai360 builds on the company’s decade-long investments in artificial intelligence (AI) with the goal of integrating AI into every platform, every tool, and every solution used internally and offered to clients, the company said in a statement.

“Especially with the emergence of generative AI, we expect a fundamental shift up ahead, for all industries. New business models, new ways of working, and new challenges, too. This is exactly why Wipro’s ai360 ecosystem places responsible AI operations at the heart of all our AI work,” said Thierry Delaporte, CEO and MD, Wipro Limited.

Wipro ai360 will bring together the 30,000 Wipro experts in data analytics and AI with Wipro’s technology and advisory ecosystem from four global business lines.

The company said it will also accelerate investments in cutting-edge startups through Wipro Ventures.

Additionally, the company will launch a GenAI Seed Accelerator programme, which will provide select GenAI-focused startups with the training needed to become enterprise-ready.

In achieving these goals, the company will train all 2,50,000 employees on AI fundamentals and responsible use of AI over the course of the next 12 months.

Wipro said it will develop a curriculum that maps out the complete AI journey for different roles.

— IANS

The post Wipro to expand its AI capabilities in next three years: Here’s what it plans to do appeared first on Techlusive.



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