AMD announced it will acquire World Labs, an artificial‑intelligence company founded by Fei‑Fei Li, in a deal valued at $8.2 billion.
The chipmaker had previously invested in World Labs, indicating a long‑standing interest in the AI firm’s technology.
World Labs is known for its work on large‑scale language models and generative AI, and was founded by former Stanford professor Fei‑Fei Li, a prominent figure in the AI community.
AMD said the purchase will allow it to integrate World Labs’ AI expertise into its product portfolio, although it has not yet provided further details on how the technology will be incorporated.
<small>Source: CNBC — read the original story there.</small>