88Z AI, 29 September — AMD announces an all-stock acquisition of World Labs, with Fei-Fei Li joining as an executive.
At a glance
- AMD acquires World Labs via all-stock deal, with Fei-Fei Li becoming EVP and Chief Scientist.
- The move aims to bolster spatial intelligence and robotics, enhancing hardware-software synergy to compete with NVIDIA.
The update
AMD has officially announced the all-stock acquisition of World Labs, founded by Fei-Fei Li, in a deal valued at approximately $8.2 billion. The transaction is expected to close by the end of 2026. Upon completion, Li will serve as Executive Vice President and Chief Scientist at AMD, reporting directly to CEO Lisa Su, while the other two co-founders will remain with the company. This acquisition aims to strengthen AMD's capabilities in spatial intelligence, robotics, and simulation. By enhancing the synergy between AI models and hardware, AMD is betting on next-generation AI workloads to directly compete with NVIDIA.
Sources & editorial note
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- APPSOSource published
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