AMD to acquire Fei-Fei Li's World Labs for $8.2B in stock
AMD has agreed to acquire World Labs, Fei-Fei Li's spatial AI startup, in an all-stock deal valued at roughly $8.2 billion. The purchase strengthens AMD's position in embodied AI and directly challenges Nvidia.
- Deal is paid entirely in AMD stock
- World Labs valued at about $8.2 billion
- Aims to boost AMD in embodied AI vs Nvidia
- World Labs was founded by Fei-Fei Li
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