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BUSINESSArs Technica·10h ago

AMD acquires World Labs AI startup, upping the ante against Nvidia

Photo · Fei-Fei Li
AI TLDR · GEMINI

AMD is acquiring the AI startup World Labs in a deal valued at $8.2 billion. The acquisition is intended to strengthen AMD's competitive position against Nvidia.

The deal, which is expected to close by year's end, is worth $8.2 billion.

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