AMD

Commits $1B to Meta's record equity raise alongside a separate five-year, up-to-$60B chip-purchase agreement with warrants for up to 160 million AMD shares.

Pays $8.2B in an all-stock deal for Fei-Fei Li's World Labs, valuing the two-year-old spatial-intelligence startup well above the roughly $5B mark investors set just eight months earlier — reframing AMD's rivalry with Nvidia around physical AI.

Named alongside Apple, Qualcomm, and Nvidia as a day-one hardware target for Liquid AI's newly open-sourced on-device “d1” decision models.

AMD Ventures joins Intel Capital in backing optical-networking startup Salience Labs' $125M Series B — a joint bet on vendor-neutral photonic interconnects that Nvidia, which has backed rival optical startups, sat out.