AMD CEO Lisa Su and World Labs co-founder and CEO Fei-Fei Li announced that the chipmaker will acquire World Labs for $8.2 billion. Speaking with Bloomberg’s Ed Ludlow in San Francisco on Monday, Su said, “The more you understand end to end, the better system you are going to build.” The all-stock transaction is expected to close by the end of the year, subject to regulatory approvals, the companies said Monday.

AMD CEO Lisa Su and World Labs co-founder and CEO Fei-Fei Li announced that the chipmaker will acquire World Labs for $8.2 billion. Speaking with Bloomberg&rsquo;s Ed Ludlow in San Francisco on Monday, Su said, &ldquo;The more you understand end to end, the better system you are going to build.&rdquo; The all-stock transaction is expected to close by the end of the year, subject to regulatory approvals, the companies said Monday.

Listen for top interviews from Bloomberg News. 

Hear conversations with the biggest names in finance, politics, technology, foreign relations, sports and entertainment.

Listen for top interviews from Bloomberg News. Hear conversations with the biggest names in finance, politics, technology, foreign relations, sports and entertainment.

Listen to top interviews from Bloomberg News.

Bloomberg Talks

AMD’s Lisa Su, Fei-Fei Li Discuss $8.2 Billion World Labs Deal

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/fda6d2a0-066f-46ba-ae16-b4d30153632c/transcript