AMD Acquires World Labs for $8.2 Billion; Fei-Fei Li Joins to Address AI Regulation Bill
On September 28, AMD announced an approximately $8.2 billion all-stock acquisition of World Labs as the U.S. Senate advanced an AI regulation bill. Fei-Fei Li will join AMD as executive vice president and chief scientist, with AMD internalizing model research to guide its hardware and systems roadmaps.