AMD is acquiring AI company World Labs in a deal worth more than $8 billion

AI Summary

AMD announced an all-stock acquisition of AI research lab World Labs for approximately $8.2 billion, with the deal expected to close by year-end. Co-founder Fei-Fei Li will become AMD’s executive vice president and chief scientist, while the team continues AI model research.

World Labs co-founder and CEO Fei-Fei Li. | Bloomberg via Getty Images AMD announced today that it's acquiring World Labs, an AI research lab co-founded by the prominent researcher Dr. Fei-Fei Li, in an all-stock deal worth approximately $8.2 billion. World Labs launched in 2024 and was valued at $1 billion in a matter of months. The startup launched its first commercial product, a world generation model called Marble that lets users make interactive 3D worlds from a prompt, in 2025. The deal is expected to close by the end of the year. Li will become EVP and chief scientist at AMD, reporting to AMD CEO Lisa Su, while the World Labs team will "continue to focus on advancing AI model research." AMD also notes t … Read the full story at The Verge.