AMD announces $8.2 billion acquisition of AI startup World Labs
AMD said it will buy AI startup World Labs for $8.2 billion, with the transaction expected to close by year‑end.
Confirmed by 2
What the 2 sources said
Jornal de Negócios
“AMD compra startup de IA World Labs por 8,2 mil milhões de dólares”
Machine translation: AMD buys AI startup World Labs for $8.2 billion
Compra da empresa fundada pela pioneira do setor Fei-Fei Li, cujos modelos criam ambientes tridimensionais, deverá estar concluída até final do ano.
Read at Jornal de NegóciosTheMarker
“במסגרת הרכישה יעברו ל-AMD אנשי צוות הפיתוח של וורלד לאבס, כולל מדענית הבינה המלאכותית הנודעת פיי-פיי לי”
As part of the acquisition, the World Labs development team, including renowned AI scientist Fei‑Fei Li, will move to AMD.
Read at TheMarker