AMD agrees to buy Fei-Fei Li's World Labs for about $8.2 billion

Advanced Micro Devices has agreed to acquire World Labs, the San Francisco lab led by Fei-Fei Li, for about $8.2 billion in stock, taking in world-model research used to generate and simulate three-dimensional environments for robotics and other physical AI. AMD said the all-stock transaction is expected to close by the end of 2026, subject to regulatory approvals and other customary conditions.