AMD is acquiring AI company World Labs in a deal worth more than $8 billion

AMD will acquire World Labs in an all‑stock transaction valued at about $8.2 billion. World Labs, founded by Fei‑Fei Li, is known for its Marble model that generates interactive 3D environments from text prompts. The acquisition brings the AI research lab’s technology and team under AMD’s portfolio.

Summary written by Kernelia from the original article by The Verge — AI. The story and its rights belong to its author.