TechAMD to acquire Fei-Fei Li’s World Labs for $8.2 billion
AMD will buy World Labs, the company founded by Fei-Fei Li, in an $8.2 billion deal. Li is set to join AMD as executive vice president and chief scientist after the acquisition.

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AMD will buy World Labs, the company founded by Fei-Fei Li, in an $8.2 billion deal. Li is set to join AMD as executive vice president and chief scientist after the acquisition.

Advanced Micro Devices said on Monday it had reached an agreement to acquire Fei-Fei Li’s startup, World Labs, in a transaction valued at $8.2 billion.
Chipmaker AMD is acquiring Fei-Fei Li’s artificial intelligence company World Labs in a deal valued at $8.2 billion. AMD had previously invested in World Labs.

AMD is buying World Labs, the AI startup founded by researcher and industry pioneer Fei-Fei Li, in an all-stock deal valuing the company at about $8.2 billion. AMD CEO Lisa Su and Li discuss the rationale for the purchase, their shared vision for AI across the stack and the industry’s need to share responsibility for safe technology development.

Advanced Micro Devices has agreed to acquire World Labs for $8.2 billion, adding the artificial intelligence startup founded by industry pioneer and researcher Fei-Fei Li to the chipmaker’s business.
AI pioneer and World Labs founder Fei-Fei Li called for independent and public-sector oversight of the technology. She argued that companies developing increasingly capable AI systems should not be solely responsible for assessing their safety.