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The deal, which is expected to close by year's end, is worth $8.2 billion.
AMD has signed a definitive agreement to acquire World Labs, the AI model and research lab led by Fei-Fei Li. The all-stock transaction is valued at approximately USD 8.2 billion and adds a team of researchers and model experts to AMD, strengthening its ability to develop AI hardware, software and systems around the…
AMD previously invested in World Labs before the acquisition, which is the chipmaker's second biggest on record.