AMD to Acquire World Labs in an $8B+ Deal, Co-Founder Named

AMD has announced an agreement to acquire World Labs, the AI company co-founded by Fei-Fei Li, in a deal valued at more than $8 billion. As part of the acquisition, World Labs' co-founder and CEO will join AMD as its chief scientist, according to reports. The move underscores AMD's push into AI, a field that has become increasingly competitive in recent years. World Labs, known for its work on spatial intelligence, brings expertise that could complement AMD's hardware and software roadmap as demand for AI-optimized chips continues to grow through 2026. The deal is subject to regulatory approval and other customary closing conditions. Neither company has disclosed further financial details or a timeline for completion.

via The Verge AI