AMD stock: Company announced $8.2 billion World Labs acquisition
Published on 10/06/2026 at 20:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
On September 28, 2026, Advanced Micro Devices announced a definitive agreement to acquire World Labs, an AI model and research lab led by Dr. Fei-Fei Li. The transaction is valued at approximately $8.2 billion in stock, according to AMD's investor-relations release.
AI research to join AMD
World Labs develops spatial-intelligence models designed to generate, reconstruct and simulate interactive three-dimensional environments from text, image and video. It also develops technology for robotic learning and simulation, AMD said in the release.
Expected closing by year-end
Following completion, the World Labs team is expected to continue its AI model research at AMD. Dr. Fei-Fei Li is slated to join AMD as executive vice president and chief scientist, reporting to Chair and CEO Lisa Su. The transaction remains subject to regulatory approvals and other customary closing conditions and is expected to close by the end of 2026.
