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The deal, which is expected to close by year's end, is worth $8.2 billion.
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.