Beating AI News Flash: According to Bloomberg, after AMD acquired AI startup World Labs at a valuation of $8.2 billion, its co-founder and CEO Fei-Fei Li's net worth is expected to rise to at least $1.6 billion upon completion of the deal, an increase of more than 50% from before.
Fei-Fei Li became a billionaire in February this year after World Labs completed a funding round at a valuation of more than $5 billion. The Bloomberg Billionaires Index estimates that she holds about 19% of World Labs.
World Labs was founded in early 2024, focusing on spatial intelligence and physical intelligence, using AI to build simulations of physical spaces, with related technologies applicable to design and robotics. After the deal is completed, Fei-Fei Li will serve as AMD's chief scientist, and World Labs' research team and models will also receive computing power support from AMD. ① After AMD acquires World Labs, Fei-Fei Li's net worth is expected to rise to at least $1.6 billion

