AMD's $8.2 Billion AI Deal Takes Aim at Nvidia's Biggest Advantage

AMD (AMD, Financials) is spending $8.2 billion on World Labs in a push to close one of the biggest gaps between itself and Nvidia.The all-stock deal brings World Labs founder Fei-Fei Li and roughly 70 employees to AMD, giving the chipmaker a team focused on spatial intelligence and physical AI.Citi…