Sept 28 (Reuters) – Advanced Micro Devices said on Monday that it had entered an agreement to acquire Fei-Fei Li’s World Labs startup in a deal valued at $8.2 billion.
San Francisco-based World Labs, which raised $1 billion in a funding round earlier this year, develops spatial-intelligence models.
Spatial intelligence, a novel approach to AI, refers to the ability to reason how the 3D world works — rather than relying on 2D data like flat images or text.
Fei-Fei Li will join AMD as executive vice president and chief scientist. She will report to Lisa Su.
The deal is expected to close by the end of 2026.
(Reporting by Akash Sriram and Arasu Kannagi Basil in Bengaluru; Editing by Maju Samuel)
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