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American multinational semiconductor company
Advanced Micro Devices, Inc. (AMD) is an American multinational semiconductor company headquartered in Santa Clara, California. It develops central processing units (CPUs), graphics processing units (GPUs), field-programmable gate arrays (FPGAs), system-on-chips (SoCs), and high-performance computer components. AMD serves a wide range of business and consumer markets, including personal computers (PCs), gaming, data centers, and embedded systems.
More on Wikipedia ↗AMD previously invested in World Labs before the acquisition, which is the chipmaker's second biggest on record.
AMD has agreed to buy World Labs, Fei-Fei Li's AI model startup, for about $8.2bn in stock. Li joins as chief scientist, reporting to Lisa Su.
AMD’s proposed $8.2 billion acquisition of World Labs would bring Fei-Fei Li’s world model research into its chip plans as it competes with Nvidia.