TechAMD is acquiring AI company World Labs for more than $8 billion
AMD announced an approximately $8.2 billion all-stock acquisition of World Labs, the AI research lab co-founded by Fei-Fei Li. The deal is expected to close by year-end; Li will become AMD’s executive vice president and chief scientist, while the World Labs team continues its AI model research.
AMD is acquiring AI company World Labs for more than $8 billion
Tech