September 29th.AMD Announced and signed on 28 SeptemberAcquisitionFei-Fei LiFounded World Labs FINAL AGREEMENT. THE TRANSACTIONS WERE PAID IN EQUITIES, VALUED AT APPROXIMATELY $8.2 BILLION, AND WERE EXPECTED TO BE COMPLETED BY 2026, AFTER CONDITIONS SUCH AS REGULATORY APPROVAL HAD BEEN MET. AT THE END OF THE DEAL, LI FEI FEI WILL BE EXECUTIVE VICE PRESIDENT AND CHIEF SCIENTIST OF AMD, REPORTING TO CEO SOZITO。
World Labs develops space intelligence models that also study robotic learning and simulations based on text, image and video generation, reconstruction and simulation of interactive 3D environments. AMD stated that the acquisition would allow the team of chips and systems to understand more directly the computing needs of models in reasoning, robotics and physical AI scenarios, and that the team of World Labs would continue to conduct model research。