📈 Stock Market 10h ago · Omor Ibne Ehsan

AMD Pays $8.2 Billion in Stock for Non-Chipmaking Startup as CEO Bets on Physical AI

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The post AMD Pays $8.2 Billion in Stock for Non-Chipmaking Startup as CEO Bets on Physical AI appeared first on 24/7 Wall St..
AMD (NASDAQ:AMD) will hand over $8.2 billion of its own stock for World Labs, a startup whose product is software that generates three-dimensional worlds, according to reporting from CNBC’s Kate Rooney.
The buyer is AMD, and the seller’s founder is Fei-Fei Li, the computer scientist best known for creating the ImageNet dataset that helped launch modern comput

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