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29.09.26 - 06:36
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AMD acquires ′godmother of AI′ Li Fei-Fei′s start-up as battle with Nvidia intensifies (SCMP)
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US chip giant Advanced Micro Devices (AMD) has agreed to acquire World Labs, the artificial intelligence start-up founded by renowned Chinese-American computer scientist Li Fei-Fei, for US$8.2 billion in an all-stock deal, as the company steps up its rivalry with Nvidia.
The acquisition, expected to close by the end of this year, would integrate World Labs' research team and spatial-intelligence model expertise into AMD, according to an announcement on Monday.
Li, a Stanford University professor......
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29.09.26 - 00:30
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Stocks & Bonds Sell Off as Oil Drives Yields Higher (Bloomberg)
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The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Vanguard Fixed Income Client Portfolio Manager Rebecca Venter, First Founder & CEO Libby Leffler, Morningstar Senior Equity Analyst David Swartz, Rockefeller International Chairman Ruchir Sharma, Russell Investments President & CIO Kate El-Hillow, AMD CEO Lisa Su & World Labs CEO Fei-Fei Li, JPMorgan Asset Management Executive Director, Global Market Strategist Jack Manley, Adobe Digital Insights Director Vivek Pandya, & SPG Global Managing Director Simon Gallagher. (Source: Bloomberg)...
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28.09.26 - 22:30
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AMD to Acquire World Labs for $8.2 Billion (WSJ EN)
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Semiconductor company said the deal would bring leading AI research and development talent and help the company develop better AI hardware, software, and systems, especially in the growing field of physical AI and robotics....
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