Find XO: AMD to Acquire World Labs for 82 Billion Dollars in Stock (ir.amd.com)

- AMD will acquire Fei-Fei Li's World Labs for approximately 82 billion dollars worth of AMD stock. - Technology collaboration in 2025, investment participation of 10 billion dollars in 2/2026, and now this acquisition all align neatly. - Nvidia also came in during the 2 month round, but it was AMD, the longtime partner on the same chip, that acquired the company. - For model teams facing strategic investments from a chip company, how deeply engineers are connected can determine the exit more than the investment amount.