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AMD Acquires World Labs, Targets NVIDIA in AI and Robotics AMDs $8.2B Deal Aims to Develop Tailored Chips for Robot AI, Challenging NVIDIAs Ecosystem
AMD will pay $8.2B in stock for World Labs. Fei-Fei Li joins as chief scientist. Deal terms, Nvidia rivalry, and what closes by 2026.
Advanced Micro Devices (AMD) stock gained on Tuesday after the chipmaker announced an $8.2 billion all-stock deal to acquire World Labs, an artificial intelligence startup focused on spatial intelligence and 3D “world models.”Under the transaction, World Labs founder and AI researcher Dr. Fei-Fei L…