AMD to acquire Fei-Fei Li's World Labs in $8.2 billion deal
Sept 28 : Advanced Micro Devices said on Monday that it had entered an agreement to acquire Fei-Fei Li's World Labs startup in a deal valued at $8.2 billion.
San Francisco-based World Labs, which raised $1 billion in a funding round earlier this year, develops spatial-intelligence models.
Spatial intelligence, a novel approach to AI, refers to the ability to reason how the 3D world works — rather than relying on 2D data like flat images or text.
Fei-Fei Li will join AMD as executive vice president and chief scientist. She will report to Lisa Su.
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