AMD to Acquire Fei-Fei Li's Startup World Labs for $8.2 Billion
AMD has announced an $8.2 billion deal to acquire World Labs, a startup founded by AI researcher Fei-Fei Li. As part of the agreement, Li, a Stanford professor, will join AMD as chief scientist to help the company compete with Nvidia in the AI hardware and software sectors.
First reported 13 hours ago · latest update 2 hours ago
Chipmaker AMD is acquiring World Labs, a two-year-old startup focused on physical AI that was cofounded by industry pioneer Fei-Fei Li. The $8.2 billion, all-stock deal will give AMD important technology in an emerging branch of AI that could power a new generation of autonomous machines such as robots and self-driving cars.
Alexei Oreskovic is the Tech editor at Fortune.
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AMD acquires startup founded by ‘godmother of AI’ Fei-Fei Li for $8.2 billion
The deal brings together two of the leading women in the AI industry, and gives AMD a new plank in its competition with GPU rival Nvidia.
13 hours ago · Alexei OreskovicChip Maker AMD Acquires 'Godmother Of AI' Fei-Fei Li's Startup
The deal is valued at approximately $8.2 billion and will make Li, a Stanford computer science professor, chief scientist at AMD.
2 hours ago'Godmother Of AI' Fei-Fei Li gets a 'new job'; to join AMD in $8.2 billion deal
AMD has announced its intention to acquire World Labs for approximately $8.2 billion. This acquisition aims to strengthen AMD's AI hardware and software development capabilities by gaining expert researchers. Fei-Fei Li will join AMD as executive vice president and chief scientist after the acquisition closes. World Labs specializes in developing advanced AI models, which are essential for evolving compute infrastructure.
4 hours ago · TOI TECH DESK