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AMD Acquires World Labs for $8.2 Billion to Boost AI Strategy
Advanced Micro Devices (AMD) has acquired World Labs in a deal valued at $8.2 billion. The acquisition aims to strengthen AMD's strategy for artificial intelligence (AI) systems. World Labs was cofounded by Fei-Fei Li, referred to as the 'Godmother of AI', who will now serve as AMD's chief scientist.
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- Centre (3): Fortune, Reuters, The Financial Express