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AMD is set to acquire World Labs, founded by AI pioneer Fei-Fei Li, for $8.2 billion. This acquisition aims to bolster AMD's AI chip-making capabilities and enhance its competitive edge against Nvidia.
Meta is launching an enterprise business to sell AI products and services, aiming to diversify revenue beyond advertising. Mark Zuckerberg announced this strategic shift, appointing Chirantan Desai as Chief Enterprise Platform Officer.