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Home›US Markets›M&A & Deals›AMD to acquire World Labs AI firm in $8.2 billion deal

AMD to acquire World Labs AI firm in $8.2 billion deal

Reported · Written up by our desk · M&A & Deals

AMD will acquire World Labs, an artificial intelligence firm founded by Fei-Fei Li, in a deal valued at $8.2 billion, CNBC reports.

The chipmaker had previously invested in World Labs before reaching the acquisition agreement, according to CNBC.

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Sources

CNBC MarketsAMD acquiring Fei-Fei Li's World Labs AI firm in deal worth $8.2 billion
CNBC WorldAMD acquiring Fei-Fei Li's World Labs AI firm in deal worth $8.2 billion

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