AMD to acquire Fei-Fei Li’s World Labs for $8.2B in all-stock deal

According to a report published by Leiphone on October 30, 2026, AMD is acquiring World Labs, the spatial intelligence company founded by Fei-Fei Li, in an all-stock transaction valued at $8.2 billion. The consideration is being paid entirely in stock rather than cash. The report describes this as AMD's second-largest acquisition to date, surpassed only by a roughly $50 billion deal completed in 2022, which it identifies as the company's largest. World Labs is positioned in the spatial intelligence space and was established by Fei-Fei Li, who the article notes previously led the ImageNet project and has made successive bets ranging from ImageNet to spatial intelligence. The report also comments that the $8.2 billion price has supplied a valuation benchmark for the broader world model sector, implying a reference point against which other companies in the category may be measured. As of this writing, the available sourcing consists solely of the Leiphone piece from October 30, 2026, so there is no independent confirmation of deal structure or closing timeline from other outlets in this compilation. The transaction remains as announced, with no reported subsequent developments to report.