On Friday, US memory-chip maker Micron Technology announced it would set up an outsourced semiconductor assembly and testing plant at Sanand in Gujarat entailing an investment of $2.75 billion. Of this, Micron will invest $825 million, while the rest will be a combination of incentives from the central and state governments.
Not aware of anything that departs from company’s integrity, transparency: Infy's EVP Groth
Biden and Modi gathered with CEO's including Apple's Tim Cook, Google's Sundar Pichai and Microsoft's Satya Nadella. Also present were Sam Altman of OpenAI, NASA astronaut Sunita Williams, and Indian tech leaders including Anand Mahindra, chairman of Mahindra Group, and Mukesh Ambani, chairman of Reliance Industries, the White House said.
In an email to staff, Pappas said they would be taking on an advisory role for the company during the transition.
“Intel India country head and VP of Intel Foundry Services, Nivruti Rai, is departing Intel after 29 years with the company. We are grateful to Nivruti for the tremendous progress Intel India has made under her leadership,” Intel said in a statement.
The way ahead to develop artificial intelligence (AI) systems is to "engage with scientists and technologists who understand" the technology behind it, the top Google executive said.
These investments will only be restricted to building capabilities and do not include the capital allocated for picking up investments in AI-focused startups,