2026-09-28
AMD to pay $8.2bn in stock for Fei-Fei Li's World Labs
Correction, Oct 5, 2026. The source date was shown as Oct 5. AMD announced the World Labs deal on Sep 28, per newsroom.amd.com. Date corrected.
AMD says it has agreed to acquire spatial-intelligence lab World Labs, led by Dr. Fei-Fei Li, in an all-stock deal valued at about $8.2 billion, per newsroom.amd.com.
What else the source says
- World Labs is headquartered in San Francisco
- World Labs builds spatial-intelligence models from text, image and video inputs
- Deal expected to close by end of 2026, pending regulatory approval
Why it matters
Deal suggests AMD is racing to secure frontier AI research talent.
Source. newsroom.amd.com