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

AI summary

AMD has announced a definitive agreement to acquire Fei-Fei Li's spatial-intelligence startup World Labs for $8.2 billion, with the deal expected to close by year-end pending regulatory approval. This acquisition, AMD's second-largest after Xilinx, will see Li join AMD as executive vice president and chief scientist, reporting to CEO Lisa Su. World Labs co-founders Justin Johnson and Ben Mildenhall will continue to lead their team within AMD, following a 2025 inference-optimization partnership between the companies.

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PublishedOffset at this time: UTC+0Sep 28, 2026, 21:43 UTC

IngestedOffset at this time: UTC+0Sep 29, 2026, 03:00 UTC

Published
Sep 28, 2026, 21:43
Ingested
Sep 29, 2026, 03:00
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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.

Source: https://techcrunch.com/2026/09/28/amd-will-acquire-fei-fei-lis-world-labs-for-8-2-billion/

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