Intel Chairman Craig Barrett said today that the company will invest over $1 billion over the next five years to expand its operations in India. The investment would also include a $250 million venture-capital fund that Intel has created for investing in Indian companies, as reported in today’s Wall Street Journal.Intel, the world’s largest maker of computer chips, will invest $800 million to expand its research and development center in Bangalore, Barrett said.Barrett also said Intel is in talks with the Indian government about building a chip-making facility in the country: “We are still in discussion with the government on the possibility of manufacturing in India.” Meanwhile, Microsoft founder Bill Gates is due to arrive in India tomorrow, as reported by Associated Press. This will be Gates’ fourth visit. He’ll meet with senior Indian officials, business leaders and programmers to detail Microsoft’s plans to invest $400 million in India in the coming years.Gates is reportedly concerned that a June 2005 survey of Indian companies by Network Magazine found that nearly 40 percent use Linux, not Windows, to run their servers. –David Rosenbaum Related content Feature Industry clouds prove their business value Born of partnerships and ecosystem-centric by their nature, cloud solutions aimed at specific verticals are taking root, forming a complex, rapidly evolving market CIOs must be strategic about entering. By Paula Rooney Mar 24, 2023 7 mins Cloud Computing Feature What is data governance? Best practices for managing data assets Data governance defines roles, responsibilities, and processes for ensuring accountability for and ownership of data assets across the enterprise. By Thor Olavsrud Mar 24, 2023 10 mins IT Governance Frameworks Big Data Data Mining BrandPost Stay in Control of Your Data with a Secure and Compliant Sovereign Cloud By Stan Kwong Mar 23, 2023 6 mins Cloud Security Cloud Computing News Accenture to lay off 19,000 to cut costs amid economic uncertainty Technology services giant Accenture will continue to hire but meanwhile is cutting staff to streamline operations in the face of economic headwinds. By Anirban Ghoshal Mar 23, 2023 2 mins IT Consulting Services Technology Industry Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe