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Recent events tied to this brand in public sources.
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2026
AMD announces $8.2 billion all-stock acquisition of AI research company World Labs
AMD announced a strategic acquisition of World Labs, an artificial intelligence research company led by Dr. Fei-Fei Li, valued at approximately $8.2 billion in an all-stock transaction. The deal aims to enhance AMD's capabilities in developing AI hardware and software for diverse AI workloads and to integrate World Labs' team specialized in spatial-intelligence models.
2026
AMD acquires AI firm World Labs for $8.2 billion
AMD acquired AI firm World Labs for $8.2 billion. AMD shares traded more than 1% higher in premarket trading following the news.
2026
AMD announces $8.2 billion all-stock acquisition of World Labs
Advanced Micro Devices said on Monday, Sept. 28, 2026, that it agreed to acquire World Labs, the San Francisco-based AI lab founded by Fei-Fei Li, for $8.2 billion in an all-stock transaction. AMD had previously invested in World Labs, and the deal is the chipmaker's second-largest acquisition on record, after its roughly $50 billion purchase of Xilinx in 2022. World Labs is developing a so-called world model used to simulate 3D environments. Li will become AMD's chief scientist and an executive vice president, and AMD plans to keep World Labs separate from its chipmaking business until the transaction closes later this year.