AMD’s Lisa Su, Fei-Fei Li Discuss $8.2 Billion World Labs Deal

AMD CEO Lisa Su and World Labs co-founder and CEO Fei-Fei Li announced that the chipmaker will acquire World Labs for $8.2 billion. Speaking with Bloomberg’s Ed Ludlow in San Francisco on Monday, Su said, “The more you understand end to end, the better system you are going to build.” The all-stock transaction is expected to close by the end of the year, subject to regulatory approvals, the companies said Monday.

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