AMD to Buy Spatial AI Lab World Labs for $8.2 Billion, Adding Fei-Fei Li as Chief Scientist

Advanced Micro Devices said Monday it has agreed to acquire World Labs, the San Francisco lab led by computer-vision researcher Fei-Fei Li, in an all-stock deal valued at about $8.2 billion. Li would become AMD's executive vice president and chief scientist if the transaction closes, which the companies expect by the end of 2026, subject to regulatory approval and other customary conditions.