AMD Buys Fei-Fei Li’s World Labs for $8.2 Billion
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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.