AMD and World Labs reportedly reach $8.2 billion acquisition agreement

An $8.2 billion deal subject to regulatory approval

Ars Technica reports that AMD and World Labs announced an agreement for AMD to acquire World Labs for $8.2 billion. The report says the deal is pending regulatory approval and expected to close by year-end. It also says World Labs co-founder Fei-Fei Li is set to become AMD's Executive Vice President and Chief Scientist, while Justin Johnson and Ben Mildenhall would continue leading the World Labs team as it joins AMD.

The reported agreement has not yet closed; its completion is described as pending regulatory approval.

If completed, the reported transaction would place World Labs' models and research team within AMD. The companies expect closing by the end of the year, subject to regulatory approval.

The research team is also expected to join AMD

The reported agreement would combine AMD with World Labs' work on world models and its research leadership. World Labs' Marble tool has been used to generate small 3D spaces that can be exported as assets, while the company has also developed models and tools for other use cases.