AMD acquires World Labs for $8.2 billion

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AMD acquires World Labs for $8.2 billion

Ars Technica, SiliconANGLE, TechNode, The Decoder, and The Verge report that AMD is acquiring World Labs, the AI company co-founded by Fei-Fei Li, in an all-stock deal valued at approximately $8.2 billion. The acquisition is expected to close by the end of 2026, subject to regulatory approval, and Li will join AMD as executive vice president and chief scientist. · summary by forck.live

The VergeAMD is acquiring AI company World Labs in a deal worth more than $8 billion
Ars TechnicaAMD acquires World Labs AI startup, upping the ante against Nvidia
TechNodeAMD agrees to acquire Fei-Fei Li’s World Labs for $8.2 billion