AMD acquires startup founded by ‘godmother of AI’ Fei-Fei Li for $8.2 billion
The deal brings together two of the leading women in the AI industry, and gives AMD a new plank in its competition with GPU rival Nvidia.
Chipmaker AMD has announced the acquisition of World Labs, a startup founded by AI pioneer Fei-Fei Li, for $8.2 billion in an all-stock deal. World Labs focuses on physical AI, an emerging branch of AI that could power autonomous machines such as robots and self-driving cars. The acquisition will enable AMD to develop products tailored to the evolving applications of AI and improve its competitiveness against rival Nvidia.
AMD CEO Lisa Su announced the deal on X, stating that the combination of World Labs’ expertise in AI and world models with AMD’s compute leadership will power the future of AI and strengthen the open AI ecosystem. Li, sometimes referred to as the “godmother of AI,” will become Executive VP and Chief Scientist at AMD. Li emphasized the importance of hardware in AI, stating that without a focused hardware effort, AI remains trapped in the digital world.
The deal, which brings together two leading women in AI industry, is expected to close by the end of the year, pending regulatory approvals.
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- AMD buys firm founded by AI ‘godmother’ Fei-Fei Li freemalaysiatoday.com