✉news BusinessStartups first seen 16 h ago, last 1 h ago, peak #1
AMD buys Fei-Fei Li's AI startup for $8.2 billion
Original: AMD acquires startup cofounded by ‘godmother of AI’ Fei-Fei Li for $8.2 billion
AMD has acquired the startup cofounded by Fei-Fei Li, the Stanford AI researcher often called the 'godmother of AI', in a deal reported at $8.2 billion, according to Fortune. The move marks one of AMD's largest acquisitions as chipmakers race to secure position in the fast-growing artificial intelligence market. Li, renowned for her pioneering work in computer vision and ImageNet, cofounded the company, and the deal is drawing wide attention across the tech and investment worlds.
Why now: The sheer size of the deal and the involvement of Fei-Fei Li make it major AI and semiconductor industry news.
AMDFei-Fei LiStanford University
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