AMD Just Paid $8.2 Billion for Fei-Fei Li's Lab. The Chip Wars Have Moved to a New Front.
$8.2 billion, all-stock. AMD's second-largest acquisition ever. Fei-Fei Li becomes EVP and Chief Scientist, reporting to Lisa Su. World Labs was valued at $1B — AMD paid 8x that. This isn't a talent play. It's AMD betting that owning physical AI research is the only way to design chips for what comes after language models.