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AMD Agrees to Buy Fei-Fei Li's World Labs for $8.2B, Names Her EVP and Chief Scientist

Summary

AMD announced a definitive agreement to acquire Fei-Fei Li's spatial-intelligence startup World Labs for $8.2 billion, with closing expected by year-end pending regulatory approval. Li will join AMD as executive vice president and chief scientist reporting to CEO Lisa Su, while co-founders Justin Johnson and Ben Mildenhall stay on to lead the World Labs team inside AMD. It is AMD's second-largest acquisition ever after Xilinx, and follows a 2025 inference-optimization partnership; Bloomberg first reported the deal terms as all-stock.