AMD will acquire Fei-Fei Li’s World Labs for $8.2 billion
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AMD is acquiring World Labs, one of the leading developers of deep learning models intended to understand physical reality, in a $8.2 billion deal, the two companies said today.
Key facts
- AMD is acquiring World Labs, one of the leading developers of deep learning models intended to understand physical reality, in a $8.2 billion deal, the two companies said today
- The acquisition will see World Labs founder Fei-Fei Li join AMD as executive vice president and chief scientist
- World Labs justified the deal saying that AI development required “close collaboration across model research, systems and compute
- AMD and World Labs formed an inference optimization-and-training partnership last year, and ties have remained close
Summary
World Labs justified the deal saying that AI development required “close collaboration across model research, systems and compute.” AMD, in turn, says that understanding frontier workloads, like those created at World Labs, will shape its chip-making roadmap. The acquisition will see World Labs founder Fei-Fei Li join AMD as executive vice president and chief scientist. Li, a Stanford computer science professor, is considered a pioneer in AI, particularly computer vision, for her work building the ImageNet database and the AI competitions it inspired. In a post announcing the deal, Li described the partnership as the result of a desire to scale World Labs’ technical breakthroughs beyond the lab.