'Godmother Of AI' Fei-Fei Li gets a 'new job'; to join AMD in $8.2 billion deal
AMD has agreed to acquire AI research lab World Labs for $8.2 billion in an all-stock deal. As part of the agreement, AI researcher Fei-Fei Li will join AMD as an executive vice president and chief scientist.
Why it matters
This acquisition signals AMD's aggressive strategy to compete in the AI infrastructure market by integrating top-tier research talent and model expertise.
AMD has announced that it has entered into a definitive agreement to acquire World Labs, an AI model and research lab led by Fei-Fei Li., popularly known as ‘Godmother Of AI’. In a statement, the company said that the acquisition will bring a world-class team of researchers and model experts to AMD, strengthening its ability to develop AI hardware, software and systems around the needs of emerging models and applications.As per chip giant, following the close of the transaction, the World Labs team will continue to focus on advancing AI model research, and Fei-Fei Li will join AMD as executive vice president and chief scientist, reporting to AMD CEO Lisa Su.
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