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Advanced Micro Devices, the AI-processor and computing company NASDAQ:AMD, pursued a bigger role in AI through its planned World Labs acquisition, while shares traded at $610.22 at 12.40pm ET on October 1, down approximately 0.2%. The ambition goes beyond selling chips. Bringing model researchers i…
World Labs brings models and researchers, but AMD disclosed no acquired revenue or near-term chip commitments
Advanced Micro Devices (AMD) shares dipped 0.4% in overnight trading ahead of Tuesday as investors digested the chipmaker’s $8.2 billion deal to acquire World Labs.