AMD to Acquire World Labs in Roughly $8.2B All-Stock Deal, as Nvidia's China Chip Sales Draw Fresh Scrutiny
Updated · 2026-09-29 17:45 · 2 sources cited
AMD to acquire World Labs
AMD announced today that it is acquiring World Labs, the AI research lab co-founded by prominent researcher Dr. Fei-Fei Li, in an all-stock deal worth approximately $8.2 billion. World Labs launched in 2024 and reached a $1 billion valuation within months. The startup has launched its first commercial product — a world generation model. [1]
Nvidia's AI chip sales to China draw scrutiny
In another AI chip development, China is reportedly considering allowing ByteDance and Alibaba to purchase banned Nvidia chips. Experts are concerned about Nvidia's AI chip sales to China and its influence over Trump. [3]
Together, the two developments show that competition in the AI industry is playing out simultaneously across model research, chip supply, and policy regulation.
Sources
- [1] AMD is acquiring AI company World Labs in a deal worth more than $8 billion · 2026-09-29 05:31 · www.theverge.com
- [3] Experts worry about Nvidia's AI chip sales in China and influence over Trump · 2026-09-29 05:49 · arstechnica.com