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Business and investment
update
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AMD has released further details on its $8.2 billion acquisition of World Labs: it is an all-stock transaction, with co-founders and funding history clarified. Fei-Fei Li will become AMD's Chief Scientist, with closing expected by the end of 2026.
New: World Labs co-founders: Justin Johnson, Christoph Lassner, Ben Mildenhall; World Labs had initial funding of $230 million, including an investment from AMD; Marble generates 3D spaces using Gaussian splats technology; Applications include film production and game development; AMD was one of the earliest investors in World Labs in 2024