AMD acquires World Labs AI startup, upping the ante against Nvidia

AMD will acquire World Labs, the AI startup founded by Fei-Fei Li, for $8.2 billion pending regulatory approval.

• Fei-Fei Li will become Executive Vice President and Chief Scientist at AMD, while Justin Johnson and Ben Mildenhall will continue leading the World Labs team within AMD.
• The acquisition aims to strengthen AMD's position in AI chips, particularly for robotics and physical AI workloads, competing with Nvidia.