AMD Announces Acquisition of World Labs for Approximately $8.2 Billion
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Author:小编   

According to AMD's official announcement, on September 28 local time, AMD has reached a definitive acquisition agreement with World Labs, an AI model and research institution led by AI pioneer Fei-Fei Li. This all-stock transaction is valued at approximately $8.2 billion and is expected to be completed by the end of 2026, pending regulatory approval and the satisfaction of other customary closing conditions. Upon completion of the transaction, Fei-Fei Li will serve as AMD's Executive Vice President and Chief Scientist.