AMD Acquires Fei-Fei Li's World Labs For $8.2 Billion

AMD has agreed to acquire Fei-Fei Li's World Labs for about $8.2 billion in stock, making it the chipmaker's second-largest acquisition and giving it a major foothold in "world models" that simulate 3D environments for robotics and other physically grounded AI. CNBC reports: AI researchers expect world models will be able to help develop robots and other physically-grounded artificial intelligence applications. AMD plans to keep World Labs separate from its chipmaking business until the transaction closes later this year. The lab's research on next-generation models will allow AMD to plan for what its AI chips need to be capable of years in advance. World Labs was founded by AI researcher Fei-Fei Li, who is widely seen as an AI pioneer as a Stanford professor, and who previously worked for Google leading AI research. Li will become an AMD's chief scientist and an executive vice president at the company. In a demo presented by Li and AMD CEO Lisa Su earlier this year, the two executives showed a World Labs model called Marble creating a three-dimensional scene out of a few images. "Intelligent agents, whether it's robots or vehicles or even tools, can learn inside very-rich physics-aware digital worlds before they even need to be deployed into the real one, making them much safer," Li said at the presentation.

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