AMD Agrees to Buy AI Lab World Labs for $8.2 Billion, Bringing Fei-Fei Li On as Chief Scientist
Summary
AMD agrees to acquire spatial-intelligence startup World Labs for about $8.2 billion in stock, with co-founder Fei-Fei Li set to become executive vice president and chief scientist reporting to CEO Lisa Su after the deal closes by the end of 2026.
Key Points
- AMD enters a definitive agreement to acquire AI research lab World Labs in an all-stock deal valued at about $8.2 billion, targeted to close by the end of 2026.
- World Labs co-founder and CEO Dr. Fei-Fei Li joins AMD as executive vice president and chief scientist, reporting to AMD CEO Dr. Lisa Su, after the transaction closes.
- San Francisco-based World Labs develops spatial-intelligence models that generate, reconstruct and simulate interactive 3D environments from text, images and video, plus robotic-learning and simulation technology.