AMD announced a definitive agreement to acquire World Labs, the physical AI startup founded by Fei-Fei Li, for $8.2 billion in an all-stock deal that will see Li join AMD as executive vice president and chief scientist.
Tag: mergers and acquisitions
Posted inTech
Nvidia Confirms $12.9 Billion Deal to Acquire AI Platform Hugging Face
Nvidia confirmed a $12.93 billion deal to acquire Hugging Face on September 3, the open-source AI hub used by 18 million developers globally.
Posted inTech
Stripe Pays Over $7 Billion for OpenRouter, Betting AI Model Routing Becomes Core Infrastructure
Stripe finalised a deal to acquire OpenRouter for more than $7 billion on August 16-17, a 5.4x jump over the AI gateway startup’s May 2026 Series B valuation of $1.3 billion.
Posted inMarkets
Stripe and Advent Offer $53.4 Billion for PayPal in Largest Fintech Bid on Record
Stripe and Advent International offered $60.50 a share for PayPal — a 28% premium valuing the company at $53.4 billion — sending PayPal stock up 19% in the largest-ever fintech takeover approach.