AMD agrees $8.2 billion stock deal for spatial-AI developer World Labs
AMD ($AMD) has signed a definitive agreement to acquire World Labs in an all-stock transaction valued at approximately $8.2 billion. The San Francisco research company develops models that generate and simulate three-dimensional environments from text, images and video, alongside technology for robotic learning. Its co-founder Fei-Fei Li would become AMD’s executive vice president and chief scientist, reporting to Lisa Su after completion. The purchase would give AMD in-house model research to i
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