AMD To Buy AI Research Lab World Labs In $8.2 Billion Stock Deal

OpenAI halted advanced AI training due to safety concerns, causing premarket drops in AI chipmaker stocks. AMD fell 2.5%, Intel 3%, Nvidia and Broadcom 1%. Memory chip suppliers also declined amid broader market pressure.

AMD to acquire AI startup World Labs, founded by Stanford professor Fei-Fei Li, for $8.2B. World Labs specializes in AI models for robotics and gaming. AMD aims to expand its AI ecosystem, competing with Nvidia. The deal is expected to close by year-end, with Li joining AMD as SVP and Chief Scientist.

AMD agreed to acquire AI startup World Labs in an $8.2 billion all-stock deal, gaining access to AI researchers led by Fei-Fei Li. The acquisition aims to strengthen AMD's AI capabilities, competing with Nvidia in AI accelerators and data center infrastructure. The deal is expected to close by year-end, subject to regulatory approval.

AMD has acquired World Labs, a spatial intelligence startup led by Li Feifei, for $8.2 billion. Li Feifei will become AMD's Executive Vice President and Chief Scientist, reporting to CEO Lisa Su. The acquisition aims to advance AI's ability to interact with the physical world, combining AMD's hardware expertise with World Labs' AI models. Both companies have been collaborating on AI model training using AMD's GPUs.

AMD agreed to acquire AI research startup World Labs, led by Fei-Fei Li, in an all-stock deal valued at $8.2 billion. The chipmaker aims to leverage the startup's expertise to advance its AI hardware, software, and systems.

AMD agreed to acquire AI firm World Labs for $8.2B in an all-stock deal, expected to close by year-end. World Labs co-founder Fei-Fei Li, known as the 'Godmother of AI,' will join AMD as EVP and chief scientist. The acquisition aims to advance AMD's AI infrastructure and narrow the gap with competitor Nvidia. AMD's stock closed down 3.6% to $607.87 on Monday, up 183% since the start of the year.