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Amazon to sell $8bn Nvidia chips to investors to shore up balance sheet
Financial Times·US·3 days ago
AMD has agreed to acquire World Labs, the startup founded by Stanford professor Fei-Fei Li, for $8.2 billion, marking a major push into spatial intelligence to compete with Nvidia. The deal signals a strategic shift in AI infrastructure competition, though financial details and regulatory approval remain unconfirmed. This acquisition could reshape the AI hardware-software ecosystem.
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