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Mistral opens a Munich hub for Physics AI and Industrial AI research, partnering with German industry.
Mistral, an AI company, is opening a hub in Munich to develop artificial intelligence applications for German industry. The hub will focus on Physics AI and Industrial AI, capabilities designed to solve complex engineering problems in manufacturing, automotive, energy, and aerospace sectors. Mistral emphasizes that its technology architecture keeps data and computation on customers' own infrastructure under European law, rather than relying on vendor-controlled servers. The company plans to build one gigawatt of European compute capacity by 2030 and has formed a research partnership with a technical university to develop digital twins for automotive aerodynamics.

World Labs co-founder and CEO Fei-Fei Li. | Bloomberg via Getty Images AMD announced today that it's acquiring World Labs, an AI research lab co-founded by the prominent researcher Dr. Fei-Fei Li, in an all-stock deal worth approximately $8.2 billion. World Labs launched in 2024 and was valued at $1 billion in a matter of months. The startup launched its first commercial product, a world generation model called Marble that lets users make interactive 3D worlds from a prompt, in

The new financing is expected to more than triples the AI infrastructure startup's valuation from just four months ago.

The acquisition will see World Labs founder Fei-Fei Li join AMD as executive vice president and chief scientist.
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