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Lisa Su just committed billions in AMD stock to a startup that makes virtual worlds instead of chips, betting that understanding physical AI from the inside is the only way to outmaneuver NVIDIA where it matters most.
AMD to buy World Labs for $8.2B in stock, adding Fei-Fei Li and 3D spatial AI expertise to boost AI hardware and systems.
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.