← LIVE FEED
JUST IN • The Verge

AMD is acquiring AI company World Labs in a deal worth more than $8 billion

SHARE THIS STORYPLUS UNLOCKS FAVORITES READ LATER AND SOURCE CONTROL

World Labs co-founder and CEO Fei-Fei Li. | Bloomberg via Getty Images AMD announced today that it's acquiring World Labs, an AI research lab co-founded by the prominent researcher Dr. Fei-Fei Li, in an all-stock deal worth approximately $8.2 billion. World Labs launched in 2024 and was valued at $1 billion in a matter of months. The startup launched its first commercial product, a world generation model called Marble that lets users make interactive 3D worlds from a prompt, in 2025. The deal is expected to close by the end of the year. Li will become EVP and chief scientist at AMD, reporting to AMD CEO Lisa Su, while the World Labs team will "continue to focus on advancing AI model research." AMD also notes t … Read the full story at The Verge.

READ ORIGINAL REPORT ↗
THIS JUST HAPPENED PACKAGES THE WORLD INTO A FAST LIVE FEED SOURCE REPORTING STAYS ONE CLICK AWAY
RELATED POSTSMORE BUSINESS
01
BUSINESS • BBC News

Unis are offering degrees in content creation for £30,000. But are they worth it?

02
BUSINESS • Latest Content - Cosmopolitan

Apple’s Early October Prime Day Apple Sales Include This Record-Low iPad Deal

03
BUSINESS • MarketWatch.com - Top Stories

MongoDB’s stock is down nearly 20% as CEO decamps to Meta

04
BUSINESS • BBC News

Why UK diesel prices have hit an all-time high

05
BUSINESS • BBC News

UK diesel price hits all-time high, the RAC says

06
FASHION • TechCrunch

AMD will acquire Fei-Fei Li’s World Labs for $8.2 billion

FASHION
07
BUSINESS • BBC News

UK tries to stop Trump's diesel export ban

08
BUSINESS • Ars Technica - All content

Trump cuts fuel economy standards back to 2014 levels