AMD agrees to acquire World Labs for about $8.2B, with Fei-Fei Li set to become chief scientist

What changed

AMD announced on September 28 that it signed a definitive agreement to acquire World Labs in an all-stock transaction valued at about $8.2 billion. World Labs focuses on spatial intelligence, interactive 3D environments and robotic learning. Closing is expected by the end of 2026, subject to regulatory approval. Fei-Fei Li is set to join AMD as executive vice president and chief scientist while the World Labs team continues model research.