Why AMD's World Labs deal just turned up the heat in the AI chip race

Yahoo Finance Executive Editor and Sozzi Unleashed host Brian Sozzi breaks down why AMD (AMD)is acquiring World Labs in a deal valued at $8.2 billion. As part of the deal, World Labs co-founder Fei-Fei Li will join AMD, adding to the chipmaker's push to expand its AI capabilities. Video Transcript 00:00 Speaker A Another deal uh that I'm watching here in an IPO is in fact deal. It's uh it's Lisa Su. 00:04 Speaker A This is the I think the third time I've done a segment on Lisa Sue since Unleashed went up. 00:08 Speaker A And they made an 8.2 billion dollar acquisition of World Labs and the Godmother 00:15 Speaker A of AI, Dr. FeiFe Lee. Uh we have now the Godmother of AI in FeFe working alongside the Godmother of AI chips in Dr. Lisa Su.