AMD announced on Monday that it has entered into an agreement to acquire World Labs, a San Francisco-based AI lab developing a kind of model called a world model, which can be used to simulate 3D environments. AMD said on Monday that the lab was acquired for about $8.2 billion in an all-stock transaction. The chipmaker had previously invested in World Labs. AI researchers hope that world models can help develop robots and other physically-grounded artificial intelligence applications. World Labs was founded by AI researcher Fei-Fei Li, who is widely seen as an AI pioneer and previously worked for Google.
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