GoKawiilAMD to buy Fei-Fei Li's World Labs for $8.2 billion in all-stock deal
AMD announced an agreement to acquire World Labs, the San Francisco AI lab building 3D 'world models' founded by researcher Fei-Fei Li, in an all-stock deal valued at roughly $8.2 billion. Li will join AMD as chief scientist and executive vice president, while World Labs will operate separately from AMD's chip business until the deal closes later this year.