AMD acquires AI start-up World Labs for $8.2 billion

In its competition with industry giant Nvidia, the chip company AMD is spending more than eight billion dollars on the start-up of an AI pioneer. In order to build technology for the next generation of artificial intelligence, one must deeply understand how the AI ​​models develop, said AMD boss Lisa Su, justifying the acquisition. The takeover of World Labs will cost AMD $8.2 billion (7.2 billion euros) in the form of its own shares. Founder Fei-Fei Li becomes AMD's chief scientist.

Nvidia dominates the business with chips for artificial intelligence and technology-related services. Rivals like AMD and Intel have so far been able to carve out smaller niches, but they still hope to be able to take more market share from Nvidia with new products. Li, who is also a professor at the elite Stanford University, is considered a pioneer of AI research. She founded World Labs in 2024.