Amd

World Labs • AMD

AMD to acquire AI startup World Labs in $8.2 billion deal: AMD has agreed to acquire the artificial intelligence startup World Labs. The transaction is valued at $8.2 billion and is expected to close by the end of the year.

World Labs • AMD

AMD to acquire AI startup World Labs for $8.2 billion in all-stock deal: Advanced Micro Devices Inc. has agreed to acquire World Labs, an artificial intelligence startup founded by Fei-Fei Li, for $8.2 billion in an all-stock deal. The transaction is expected to close by the end of the year. Following the acquisition, Li will join AMD as executive vice president and chief scientist.

Hugging Face • OpenAI

OpenAI offered $100 million to Hugging Face before Nvidia acquisition: Before Nvidia agreed to acquire open-source platform Hugging Face for approximately $13 billion, OpenAI offered to invest around $100 million in the startup. The investment talks between OpenAI and Hugging Face ultimately fell apart. AMD and Salesforce also reportedly held talks with Hugging Face.