What this AI news story is about
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. Theβ¦
What happened
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 β¦
Read the full story at The Verge.
What readers should know
This TrueVitaHub page summarizes the news information available in the feed. For the complete publisher report, additional reporting, quotes and the latest updates, visit the original source.
Continue with the original source
Read the publisher's complete report for the full story and any subsequent updates.