AMD acquires ‘godmother of AI’ Li Fei-Fei’s start-up as battle with Nvidia intensifies
US chip giant Advanced Micro Devices (AMD) has agreed to acquire World Labs, the artificial intelligence start-up founded by renowned Chinese-American computer scientist Li Fei-Fei, for US$8.2 billion in an all-stock deal, as the company steps up its rivalry with Nvidia. The acquisition, expected to close by the end of this year, would integrate World Labs’ research team and spatial-intelligence…
Advanced Micro Devices (AMD) is set to acquire World Labs, an AI start-up founded by Dr. Li Fei-Fei, also known as the "godmother of AI," in a US$8.2 billion all-stock deal. This acquisition aims to bolster AMD's competition against Nvidia. The deal, expected to finalize by year-end, integrates World Labs' research team specializing in spatial intelligence and its expertise in world models.
World Labs' models can perceive, generate, and reconstruct 3D environments, crucial for robotics and physical AI. Dr. Li, a Stanford University professor, would assume the position of executive vice-president and chief scientist at AMD. AMD, a previous investor in World Labs, sees this move as a strategic step to enhance its AI ecosystem, combining software and hardware, foundation models, and applications.
AMD's CEO, Lisa Su, stated that the acquisition would strengthen the company's capabilities in developing hardware, software, and systems for the next generation of AI. This acquisition comes as a direct challenge to Nvidia, a leading player in AI hardware, which recently acquired Hugging Face, a key player in the AI software ecosystem, for US$12.93 billion.
Written by urgent.news from South China Morning Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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