Key facts
- AMD is acquiring World Labs for $8.2 billion.
- World Labs develops deep learning models intended to understand physical reality.
- Fei-Fei Li, founder of World Labs, will join AMD as executive vice president and chief scientist.
- The acquisition is expected to close before the end of the year, pending regulatory approval.
Advanced Micro Devices (AMD) has announced its intention to acquire World Labs, a company specializing in deep learning models designed to comprehend physical reality, for $8.2 billion. The deal, disclosed by both companies, is expected to close by year-end, contingent on regulatory approval.
World Labs, founded by AI pioneer Fei-Fei Li, focuses on developing deep learning models that possess a robust understanding of the physical world, moving beyond text-based AI. Li, a Stanford computer science professor known for her work on the ImageNet database, established World Labs to scale its technical advancements and integrate them more closely with hardware.