AMD acquires World Labs in $8.2B all‑stock deal
Advanced Micro Devices announced it will acquire San Francisco‑based AI lab World Labs in an all‑stock transaction valued at about $8.2 billion. Fei‑Fei Li, co‑founder of World Labs, will join AMD as executive vice president and chief scientist. The deal expands AMD’s AI capabilities and marks its second‑largest purchase after Xilinx.
technology49 min ago
