AMD Acquires World Labs AI Firm Founded by Fei-Fei Li for $8.2 Billion
Advanced Micro Devices (AMD) has announced a deal to acquire San Francisco-based AI research firm World Labs in an all-stock transaction valued at approximately $8.2 billion. The company, founded by renowned AI researcher Fei-Fei Li, specializes in developing 'world models'—AI systems capable of simulating 3D environments—which are expected to play a key role in advancing robotics and physically grounded artificial intelligence applications. AMD plans to maintain World Labs as an independent entity until the transaction closes later this year. The acquisition aligns with AMD's strategy to stay ahead in AI chip development by leveraging cutting-edge research from next-generation models. Fei-Fei Li will join AMD as chief scientist and executive vice president, further strengthening its leadership in artificial intelligence innovation.
Tickers: $AMD
Topics: acquisitions AI AMD World Labs