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Technology
AMD Buys Fei-Fei Li's World Labs for $8.2 Billion, Betting on 'Physical AI'
AMD has agreed to acquire the spatial-intelligence startup World Labs in an $8.2 billion all-stock deal, bringing founder Fei-Fei Li in as executive vice president and chief scientist. The move signals that the AI industry's next race is not about bigger language models, but about AI that understands the physical world.
Meridian Newsroom30 Sept 20266 min read

Startups
Peak XV Raises Seed Ceiling to $5 Million as Surge 12 Backs 18 Deep-Tech Startups
With more than $50 million committed to its 12th cohort, Peak XV is betting that the seed round of 2026 has to do the work a Series A used to do.
Meridian Newsroom30 Sept 20268 min read