Chip maker Advanced Micro Devices-AMD has announced that it has acquired World Labs, an artificial intelligence company founded by Prominent computer scientist and researcher Fei-Fei Li sometimes referred to as "The Godmother of AI."
The deal is valued at approximately $8.2 billion and will make Li, a Stanford computer science professor, chief scientist at AMD. Li founded World Labs to develop what she calls "spatial intelligence" -- technology that can simulate 3D environments from images, video and text. The company researches so-called world models, which work differently than the popular AI systems that generate text and images.
