AMD acquires World Labs AI startup, upping the ante against Nvidia
Ars Technica Samuel Axon ● Covered by 8 sources
AMD will acquire the AI company World Labs by the end of the year, pending regulatory approval. The deal is valued at $8.2 billion. The acquisition brings World Labs’ world-model AI work into AMD and escalates competition against Nvidia.
Why it matters
The deal, which is expected to close by year's end, is worth $8.2 billion.