Developing story · 2 episodes · 25 Sept to 28 Sept
AMD Aggressively Expands AI Infrastructure Portfolio
AMD is aggressively expanding its AI infrastructure portfolio through major acquisitions and strategic partnerships. The company recently agreed to acquire World Labs for $8.2 billion, following a deal with Anthropic that prompted Bank of America to raise its price target.
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AMD agrees to buy World Labs for $8.2B in all-stock deal
Advanced Micro Devices (AMD) has agreed to acquire World Labs, the artificial intelligence startup founded by Fei-Fei Li, for $8.2 billion. The transaction is structured as an all-stock deal and is…
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Bank of America raises AMD price target on Anthropic-Akamai CPU deal
Bank of America raised its price target for AMD stock to $720 from $620, citing the $11.6 billion AI cloud deal between Anthropic and Akamai (AKAM) as a boost for server CPUs in the agentic AI era.…
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