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) has acquired World Labs, an artificial intelligence start-up founded by Li Fei-Fei, a renowned computer scientist, for US$8.2 billion in an all-stock transaction. This acquisition aims to bolster AMD's competition with Nvidia. Li Fei-Fei, described as the "godmother of AI", will join AMD as executive vice-president and chief scientist.
World Labs, founded in 2024, focuses on spatial intelligence, developing technology to perceive, generate, and reconstruct 3D environments. This expertise, necessary for robotics and physical AI, complements AMD's software and hardware ecosystem. The all-stock deal, exceeding World Labs' earlier funding round, allows AMD to enhance its AI capabilities by integrating World Labs' research team and technology.
The acquisition, expected by year-end, positions AMD against Nvidia, which recently acquired Hugging Face, another key player in the AI software industry.
Written by urgent.news from SCMP Tech's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- AMD acquires startup founded by ‘godmother of AI’ Fei-Fei Li for $8.2 billion fortune.com
- AMD buys firm founded by AI 'godmother' Fei-Fei Li gulfnews.com
- AMD acquires ‘godmother of AI’ Li Fei-Fei’s start-up as battle with Nvidia intensifies scmp.com
- AMD buys firm founded by AI ‘godmother’ Fei-Fei Li freemalaysiatoday.com
- AMD buys ‘Godmother of AI’ Fei-Fei Li’s firm for US$8.2b malaymail.com
