$Advanced Micro Devices(AMD)$

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$Advanced Micro Devices(AMD)$ AMD has entered into a definitive agreement to acquire World Labs, an AI model and research lab led by Dr. Fei-Fei Li. The move brings a world-class team of researchers and model experts into AMD, which should strengthen its ability to develop AI hardware, software and systems around the needs of emerging models and applications.

Lisa Su framed it around understanding how models are evolving. Fei-Fei and the World Labs team bring research leadership and model expertise, and the idea is to use that insight to build hardware, software and systems that power the next generation of AI and strengthen the open AI ecosystem.

The all-stock transaction is valued at approximately $8.2B and is expected to close by the end of 2026, subject to regulatory approvals and other customary closing conditions.

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