- AMD has entered into a definitive agreement to acquire World Labs, an AI model and research lab led by AI pioneer Dr. Fei-Fei Li.
- The acquisition aims to strengthen AMD's ability to develop AI hardware, software, and systems by bringing in world-class research expertise.
- World Labs focuses on spatial-intelligence models for generating, reconstructing, and simulating interactive 3D environments, as well as robotic learning and simulation.
- Dr. Fei-Fei Li will join AMD as executive vice president and chief scientist, reporting to CEO Dr. Lisa Su.
- The all-stock transaction is valued at approximately $8.2 billion and is expected to close by the end of 2026, subject to regulatory approvals.