AMD acquires world model developer World Labs for $8.2B
- World Labs: 4 events in the last 90 days
- Previous: earlier the same day · AMD makes a big bet on the next era of AI with World Labs acquisition
What happened
Advanced Micro Devices Inc. today announced plans to buy World Labs Inc. for $8.2 billion in stock. The move comes seven months after AMD backed a $1 billion funding round for the startup at a $5 billion valuation. The deal also included the participation of rival Nvidia Corp., which is poised to realize a significant […] The post AMD acquires world model developer World Labs for $8.2B appeared first on SiliconANGLE…
Summary assembled by rule from the sources below