Tag: $8.2 billion
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AMD acquires World Labs in $8.2 billion deal to bolster AI systems strategy
Sept 28 : Advanced Micro Devices said on Monday it would acquire Fei-Fei Li’s AI startup World Labs in an all-stock deal valued at $8.2 billion, giving the chipmaker deeper access to research on AI systems that can understand and simulate the physical world.The deal gives AMD a foothold in AI-model research a
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AMD to acquire Fei-Fei Li’s World Labs in $8.2 billion deal
Sept 28 : Advanced Micro Devices said on Monday that it had entered an agreement to acquire Fei-Fei Li’s World Labs startup in a deal valued at $8.2 billion.San Francisco-based World Labs, which raised $1 billion in a funding round earlier this year, develops spatial-intelligence models. Spatial intell
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