AMD agreed to acquire World Labs, a deep learning developer focused on models that aim to understand physical reality. The deal is worth $8.2 billion and is expected to close before the end of the year, pending regulatory approval. World Labs’ founder Fei-Fei Li will join AMD as executive vice president and chief scientist, and the acquisition is meant to shape AMD’s chip roadmap for “frontier workloads” tied to world-model research.
AMD is acquiring World Labs and bringing Fei-Fei Li’s world-model research team in-house through a definitive all-stock deal. The purchase price is roughly $8.2 billion, expected to close by the end of the year pending regulatory approval. After closing, Li will become AMD’s executive vice president and chief scientist while World Labs continues building AI models within AMD.
AMD will acquire AI research lab World Labs in an all-stock deal as part of expanding its AI efforts. The acquisition is valued at approximately $8.2 billion and is expected to close by the end of the year. Fei-Fei Li will join AMD as EVP and chief scientist, while the World Labs team continues focusing on AI model research.
Cohere’s chief AI officer Joëlle Pineau said smaller AI players outside the US and China should team up to build credible alternatives to dominant model makers. She warned that the US and China will “hold us by the throat” if local capabilities aren’t developed, noting Cohere had signed a merger agreement with Aleph Alpha about a week earlier. As a result, the focus shifts from competing alone to forming alliances aimed at strengthening local AI production and reducing dependency.
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