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ActiveBusinessAcquisition$8.2 Billion

AMD to Buy Fei-Fei Li’s World Labs AI Startup for $8.2 Billion

Photo: Bloomberg Technology

What happened

Chipmaker Advanced Micro Devices Inc. agreed to acquire World Labs for $8.2 billion, gaining an artificial intelligence startup founded by industry pioneer and researcher Fei-Fei Li.

Summary assembled by rule from the sources below

Why it's spreading

Timeline

  1. First appeared on Bloomberg TechnologyBloomberg Technology
  2. Bloomberg Technology followed upBloomberg Technology

Sources