1 of 2
Story summary
- AMD agreed to acquire World Labs in an all-stock deal valued at $8.2 billion.
- The acquisition, expected to close by end-2026, awaits regulatory approvals.
- Fei-Fei Li will become AMD’s executive vice president and chief scientist, reporting to CEO Lisa Su.
- World Labs’ spatial-intelligence models add robotics-learning and simulation capabilities to AMD’s AI hardware portfolio.
- AMD shares fell 3.6% to $607.87 after the announcement, erasing earlier gains.
1 / 2
