AMD Acquires World Labs for $8.2 Billion to Boost AI Capabilities

Advanced Micro Devices (AMD) has acquired World Labs, an AI company founded by Li Feifei, for approximately US$8.2 billion. This acquisition aims to integrate World Labs' "spatial intelligence" technology, which simulates 3D environments, into AMD's hardware and software. Li Feifei will join AMD as chief scientist, significantly enhancing the company's AI capabilities, particularly in robotics and virtual simulations.