00:00AMD was almost bankrupt when Lisa Su took over as CEO. Now it's one of AI's biggest players,
00:05and it just hit $1 trillion. AMD is a chipmaker and the biggest rival to NVIDIA and also Intel.
00:10It makes GPUs, which are used for AI and video games. And AMD has inked deals with most of the
00:15biggest players in AI, from OpenAI to Anthropic to Meta. AMD officially hit a $1 trillion market
00:21cap on September 21st. A week later, it dipped back below $1 trillion to around $980 billion,
00:26but that moment still matters. When Lisa Su took over AMD in 2014, the company's market cap was
00:32below $3 billion. She came in with a long resume, including three degrees in electrical engineering
00:37from MIT. More recently, she's been one of the leading executives in technology tapped for
00:41meetings about the future of AI with the White House. Often, she's one of few women in the room.
00:46At least at AMD, Su won't be the only woman in the room because she just acquired World Labs
00:50for $8.2 billion. This is a company developing AI for the physical world founded by Fei-Fei Li,
00:57who's known as the godmother of AI. And it's extremely rare for bringing together two of the
01:01top women in this space to determine the future of this technology, which is so unlike what we see
01:06most of the time. Only 11% of Fortune 500 companies are led by female CEOs, and Su is one
01:11of them.
01:12So she's already a rarity in business, and then taking it to this level in AI puts her in an
01:16even
01:17more exclusive club. For more on what Su has achieved at AMD, you can check out my article
01:21on fortune.com.
