AMD is acquiring AI company World Labs in a deal worth more than $8 billion
The Verge 2 weeks ago 47 ● 8 sources
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.