World Labs’ Fei-Fei Li Is Worth $1.6 Billion After AMD Deal

(Bloomberg) -- World Labs’ sale to Advanced Micro Devices Inc. caps a rapid ascent for the two-year-old AI startup — and is set to boost co-founder Fei-Fei Li’s wealth by more than half.The longtime Stanford University professor’s net worth will rise to at least $1.6 billion when the deal closes, according to the Bloomberg Billionaires Index. World Labs, which focuses on spatial and physical intelligence, agreed Monday to be acquired by the chipmaker at an $8.2 billion valuation. Li first…