AMD to acquire Fei-Fei Li's World Labs for $8.2 billion in an all-stock deal; Li to become chief scientist
AMD announced an all-stock acquisition of Fei-Fei Li's World Labs for $8.2 billion. The deal is expected to close by the end of 2026, subject to regulatory approval. After closing, Li will join AMD as executive vice president and chief scientist, reporting directly to Lisa Su; co-founders Justin Johnson and Ben Mildenhall will continue leading the team as it joins AMD.
Why it matters: The full deal details and the companies' year-and-a-half collaboration are laid out, helping readers understand why a chipmaker would acquire a spatial-intelligence team.

