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

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

AMD is acquiring World Labs, one of the leading developers of deep learning models intended to understand physical reality, in a $8.2 billion deal, the two companies said today.

World Labs justified the deal in a statement saying that AI development required “close collaboration across model research, systems and compute.” AMD, in turn, says that understanding frontier workloads, like those created at World Labs, will shape its chip-making roadmap.

Originally reported by TechCrunch. Read the full story at the original source.