Diamond grit is widely used in cutting, grinding, and polishing tools for its superior mechanical properties and performance in machining hard materials. Selective laser brazing (SLB) of diamond grits is a new additive manufacturing technique that has great potential to fabricate the next generation of high-performance diamond tools. However, fundamental understanding and quantitative analysis for the design and tuning of the SLB process and the resulting bonding efficiency are not yet established as the process is complicated by heating, fusion, wetting, solidification, grit migration, bonding, reaction, and the interplay between these effects. We present a thermodynamically consistent phase-field theoretical model for the prediction of melting and wetting of SLB on diamond grits using a powder-based additive manufacturing technique. The melting dynamics is driven by laser heating in a chamber filled with argon gas and is coupled with the motion of multiple three-phase contact lines. The relevant wetting dynamics, interfacial morphology, and temperature distribution are computationally resolved in a simplified 2D configuration.