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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…
Advanced Micro Devices said it entered an agreement to acquire Dr. Fei-Fei Li's World Labs startup.
Advanced Micro Devices NASDAQ:AMD said on Monday that it had entered an agreement to acquire Dr. Fei-Fei Li's World Labs startup in a deal valued at $8.2 billion.