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Chipmaker 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 will bring a world-class team of researchers and model experts to AMD, strengthening its ability to develop AI hardware, software and systems…
The deal, which is expected to close by year's end, is worth $8.2 billion.
As you might expect, the Hugging Face open weight AI model distribution hub, which has over 3 millio ...
Advanced Micro Devices Inc. today announced plans to buy World Labs Inc. for $8.2 billion in stock. The move comes seven months after AMD backed a $1 billion funding round for the startup at a $5 billion valuation.
Insider Brief AMD agreed to acquire World Labs in an all-stock transaction valued at about $8.2 billion, adding the spatial-intelligence startup’s AI research team as the chipmaker looks to shape future computing platforms around emerging AI workloads.
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