AMD announced on September 28, 2026 that it will acquire World Labs, the spatial-intelligence startup founded by Fei-Fei Li, in an all-stock deal valued at approximately $8.2 billion. The acquisition is AMD’s second-largest on record and is aimed at building out world-model technology to compete with Nvidia in the emerging field of physical AI. Following the deal’s expected close by year-end, pending regulatory approval, Li will join AMD as executive vice president and chief scientist.
