AMD Acquires World Labs for $8.2 Billion, Fei-Fei Li to Serve as Chief Scientist
AMD has announced that it will acquire AI startup World Labs for approximately $8.2 billion in an all-stock transaction. World Labs was co-founded by renowned AI research pioneer Fei-Fei Li, who also serves as its CEO. Following the completion of the transaction, Fei-Fei Li will join AMD as Executive Vice President and Chief Scientist, reporting directly to CEO Lisa Su. The acquisition is expected to be completed by the end of 2026, pending regulatory approval and the satisfaction of other customary closing conditions. Founded in 2024 and headquartered in San Francisco, World Labs focuses on developing spatial intelligence models that can generate, reconstruct, and simulate interactive three-dimensional environments from text, image, and video inputs, while also developing related technologies for robotic learning and simulation. Earlier this year, World Labs completed a $1 billion funding round, and its first product, Marble, is aimed at creating entertainment experience scenarios while also providing simulated environments for robot training.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Intel Acquires Israeli Quantum Computing Startup Classiq

California Financial Regulator Opposes SEC Cryptocurrency Proposal

YZi Labs Announces First Four Student Members of Atlas Scout Program

Higgsfield Secures Investment from NVIDIA and TCV to Expand Global Infrastructure

a16z to Change Name from a16z Crypto to a16z Frontier

Marathon Fusion Successfully Transforms Mercury into Gold, Potentially Disrupting Gold Fundamentals

Flapping Airplanes Completes $1 Billion Series A Funding, Valuation Reaches $6 Billion

LiteLLM Suffers Supply Chain Attack, Malicious Version 1.107.0 Steals Sensitive Data

Recursive Launches AI Programming Model Flint, Capable of Offline Operation

CME Group Partners with Silicon Data to Launch AI Model Token Spending Index Product

Mural Completes $15 Million Series A Funding Round Led by Tether

CapQuest Raises $1 Million to Expand International Operations

Multicoin Capital Does Not Expand to Pure AI Projects, Focuses on Crypto Sector

Tether Invests $9 Million in AI Startup Alsa

Apate.ai Deploys AI Agents to Combat Fraud, Extracts 250,000 Intelligence Reports

Anthropic's Revenue Rises to $16.8 Billion Ahead of IPO

DeepSeek Invests in Yu Tao's Startup, Valuation Reaches $200 Million

Harbor Completes $10 Million Seed Round Financing

Coinbase Co-founder Fred Ehrsam Establishes Primavera to Take Over Venezuelan Oil Fields

SWI Group Reorients Genesis Digital Assets' Assets Towards AI Infrastructure

OpenAI Negotiates to Restart Sora Video Model Collaboration

DeepSeek Leads Winverse AI's Seed Round Financing, Valuation Reaches $400 Million

Dark Side of the Moon Negotiates Settlement with Loop Intelligence, Claims Could Exceed $700 Million

TypeSafe AI Completes $870 Million Financing, Valuation Reaches $7.5 Billion

Catalyst Completes $30 Million Seed Round Financing Led by Sequoia Capital

Former ByteDance Intern Tian Keyu Raises Nearly $30 Million, Valuation at $200 Million

Revolut's Private Valuation Reaches $115 Billion, Becoming Europe's Highest-Valued Startup

Tavus Releases Griffin Model, 48% of Participants Mistakenly Believe It's a Real Person

Anthropic Signs Up to $84.5 Billion Computing Agreement with SpaceX







