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AMD has acquired Spatial Intelligence (SI) company, World Labs for $8.2 billion. The acquisition is the most significant throughout AMD’s history. AMD now has the foundation to surpass Nvidia and to become the world’s most valuable chip company. For World Labs, the...
German defense startups Helsing and Stark Defence are on track with the development of attack drones, including plans to start training Germany’s army on the equipment in November, according to the government. “Both systems have achieved a comparable level of...
Treasuries might look cheap against stocks, GDP and the global cycle, but on their own historical terms they have more to fall before they become oversold and ready for a durable bounce. The counter-rally in Treasuries has yet to come, with 10-year yields as high as...
Private credit firms rushing to finance the artificial intelligence buildout risk encountering the same concentration problems that have plagued lenders exposed to software companies, according to Carlyle Group Inc. The industry may need to provide roughly $1 trillion...
Retail investors are poised to pile back into US stocks this month after a sharp cooldown in September, Citadel Securities’ head of equity and equity derivatives strategy Scott Rubner said. While October could still be volatile, the month offers a better entry point...
Advanced Micro Devices (AMD) shares recently reacted to news of a US$8.2b all-stock agreement to acquire AI specialist World Labs, a deal that places Dr. Fei-Fei Li in a leading research role. Recent headlines around the World Labs deal focus on a stock that has...
AMD agreed to acquire World Labs, the San Francisco-based AI model and research lab founded by Dr. Fei-Fei Li, in an all-stock transaction valued at approximately $8.2 billion, the company said Monday. The deal is expected to close by the end of 2026, subject to...