Advanced Micro Devices has agreed to acquire World Labs, the San Francisco spatial-intelligence lab co-founded by Fei-Fei Li, for about $8.2 billion in stock — a deal the Bloomberg Billionaires Index says would raise her net worth to at least $1.6 billion. The companies announced the agreement on Monday, September 28, 2026. It is expected to close by the end of 2026, subject to regulatory approval and other customary conditions. After closing, Li would join AMD as executive vice president and chief scientist, reporting to chair and chief executive Lisa Su, while the World Labs team continues model research.
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