Advanced Micro Devices Agrees To Buy World Labs For $8.2 Bln In All-Stock Deal

SUNNYVALE (dpa-AFX) - Monday, Advanced Micro Devices, Inc. (AMD) announced an agreement to acquire World Labs, an AI model and research lab led by AI pioneer Dr. Fei-Fei Li, for approximately $8.2 billion in an all-stock transaction.With this transaction, the company aims to strengthen its ability…