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EconomyAMD to acquire ‘godmother of AI’ Li Fei-Fei’s start-up for $8.2 billion

US chip giant Advanced Micro Devices has agreed to buy World Labs, the AI start-up founded by Chinese-American computer scientist Li Fei-Fei, in an $8.2 billion all-stock deal. The acquisition is expected to close by year-end and would bring World Labs’ research team and spatial-intelligence model expertise into AMD as its rivalry with Nvidia intensifies.

AMDWorld LabsAIchip competition

SSouth China Morning Post★★★☆☆2026-09-29 04:30Original

AMD to acquire ‘godmother of AI’ Li Fei-Fei’s start-up for $8.2 billion
AMD to acquire ‘godmother of AI’ Li Fei-Fei’s start-up for $8.2 billionEconomy