AMD to Acquire Fei-Fei Li’s World Labs for $8.2 Billion

The chipmaker had previously invested in World Labs.

The acquisition will see World Labs founder Fei-Fei Li join AMD as executive vice president and chief scientist.

Chipmaker AMD agreed to acquire World Labs for $8.2 billion, gaining an AI startup founded by industry pioneer and researcher Fei-Fei Li. Ed Ludlow explains why this is such a big deal for both companies (Source: Bloomberg)

Semiconductor company said the deal would bring leading AI research and development talent and help the company develop better AI hardware, software, and systems, especially in the growing field of physical AI and robotics.

AMD is acquiring World Labs, an AI startup founded by industry pioneer and researcher Fei-Fei Li, in an all-stock transaction valuing World Labs at about $8.2 billion. AMD CEO Lisa Su and World Labs co-founder and CEO Fei-Fei Li sit down with Bloomberg Tech's Ed Ludlow to discuss why AMD is purchasing World Labs, the two companies' shared vision for AI's future encompassing all layers of the stack, and how the industry needs to come together for shared responsibility in developing a safe technology that benefits all of society. (Source: Bloomberg)