SemiconductorsAcquisition
AMD will acquire Fei-Fei Li's World Labs for $8.2 billion

The acquisition will see World Labs founder Fei-Fei Li join AMD as executive vice president and chief scientist.
Why it matters
Chipmakers are buying AI research teams, not just selling hardware to them. Owning world-model research gives AMD a stronger story against NVIDIA's software ecosystem.
Source
TechCrunch — read the original
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Source: TechCrunch · Read the original