AISilicon Republicabout 1 hour ago
AMD Acquires World Labs for $8.2bn
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AMD agreed to acquire Fei Fei Li's spatial AI startup World Labs for $8.2bn. Li becomes AMD's chief scientist and executive vice-president, reporting to CEO Lisa Su. World Labs' 70 employees join AMD. The deal, expected to close by year-end, follows World Labs' $1bn raise at a $5bn valuation backed by Nvidia and AMD.
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