Justin Johnson

Money Moves

Continues leading World Labs under AMD

AMD has agreed to buy World Labs, the AI lab founded by Stanford professor Fei-Fei Li, for $8.2 billion in stock. The deal puts one of AI's most prominent researchers inside a chipmaker racing to close Nvidia's lead in data-center AI. The transaction is expected to close by the end of 2026, pending regulatory approvals.

Updated Oct 17