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News 2026-09-28 20:22 UTC

AMD to Acquire AI Research Firm World Labs in $8.2B Deal

By Elias SchisgallAdvanced Micro Devices agreed to acquire artificial-intelligence research firm World Labs for in an all-stock deal valued at about $8.2 billion.AMD, a semiconductor company that recently touched a $1 trillion valuation, said the deal would bring leading AI research and development…