AMD acquires ‘godmother of AI’ Li Fei-Fei’s start-up as battle with Nvidia intensifies

Advanced Micro Devices (AMD) has agreed to acquire World Labs, an artificial intelligence startup founded by computer scientist Li Fei-Fei, for $8.2 billion in an all-stock deal. This acquisition, anticipated to conclude by year-end, aims to incorporate World Labs' research team and spatial-intelligence model expertise into AMD. The move signifies AMD's intensified competition with Nvidia in the AI chip market. Li Fei-Fei is identified as a Stanford University professor.