The Ontario Ministry of Economic Development and Trade is finalizing a deal with AMD that will result in $56M CAD ($52.8M USD) to be paid over several years to AMD for R&D of the upcoming “Fusion” processors and accompanying software infrastructure.
“Our support will help AMD to revolutionize how we use computers — by creating a new generation of “fusion” processors that will move the computing experience forward in powerful ways,” Minister of Economic Development and Trade Sandra Pupatello said. “This project has our government excited, because AMD’s innovations will be used in key sectors that we support, such as education, medicine and research.”
Primarily this will be in Markham, Ontario, where AMD already has operations that employ over 1,600 people including students and interns.
via AMD Canada Slated to Receive $56 Million CAD Grant from Ontario Government – Yahoo! Finance.
