AMD to Acquire AI Startup World Labs for $8.2 Billion, Fei-Fei Li to Join as Chief Scientist

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AMD has announced plans to acquire World Labs, an AI startup, in a deal valued at approximately $8.2 billion. The acquisition is aimed at bolstering AMD's capabilities in AI hardware and software development by bringing in top-tier research talent. World Labs focuses on building advanced AI models critical to next-generation computing infrastructure. Following the deal's closure, World Labs co-founder and renowned AI pioneer Fei-Fei Li will take on the role of Executive Vice President and Chief Scientist at AMD.

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