AMD Acquires Fei-Fei Li's World Labs for $8.2B

AMD is acquiring World Labs, the physical AI startup founded by Fei-Fei Li, in an $8.2 billion all-stock deal. Li becomes AMD's Executive VP and Chief Scientist, reporting to CEO Lisa Su. The acquisition strengthens AMD's world models and physical AI capabilities as it competes with Nvidia in chips for robots and autonomous vehicles. The deal is expected to close by year-end, pending regulatory approval.