AMD acquires World Labs for $8.2 billion, Li Feifei's net worth is expected to rise to $1.6 billion
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AMD acquires AI startup World Labs for $8.2 billion, and Li Feifei's net worth is expected to rise to at least $1.6 billion. Li Feifei became a billionaire after completing a $5 billion valuation financing at World Labs, holding approximately 19% of the company's shares. After the transaction is completed, Li Feifei will serve as AMD's Chief Scientist, and the World Labs team will receive AMD's computing power support. (Source: Bloomberg)