Global technology giant
Advanced Micro Devices (AMD) and the Ontario government have announced a five-year, $432.8 million innovation project for the company's Markham, Ontario campus that will employ 637 people, including 100 new hires.
The R&D project will aim to "merge high-performance computer and graphics processors that excel at processing multimedia, like video or 3D games, onto a single silicon die." The project will receive $56.4 million in funding from the Ontario government and see $376.4 million in investment from AMD. The company's Markham office currently employs 1,600 tech professionals, and the company says 527 of those will be retained to work on this project, while an additional 100 new staff will be hired.
"Dirk Meyer
,
AMD president and CEO, says, "AMD Fusion technology is set to enable
significant breakthroughs in personal computing and our R&D
facility in Markham, Ontario is playing an instrumental role in
creating this technology." He calls the company's Markham office a wellspring of technical innovation.
The Ontario government hopes the investment will make Markham a hub for the global graphics industry. Minister of Economic Development and Trade pointed out the "immense potential" that the industry represents for Ontario's economy, given the growth of digital animation and video games.
Author: Edward Keenan
Source: Eric Shapiro, Communications, Government of Ontario
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