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Phoenix TechnologyUpdated Oct 27 19:31

Nvidia Plans to Invest $3 Billion in Meta to Expand AI Computing Collaboration

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Nvidia announced plans to invest $3 billion in Meta, with the two sides set to deepen cooperation in the field of artificial intelligence. Meta plans to expand deployment of Nvidia's Vera Rubin computing platform and Vera CPU, and strengthen collaboration between the two sides on the AI agent Muse. This collaboration comes as Meta is ramping up investment in AI infrastructure; on October 26, Meta announced plans to raise $35 billion through an underwritten public stock offering and a further $60 billion through an at-the-market offering program, totaling $95 billion, with Nvidia, AMD, and Broadcom all expressing interest in subscribing.

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Nvidia Increases Bet on Meta: Plans to Invest $3 Billion, Expanding AI Computing Partnership

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Phoenix Tech News, October 27 — According to Reuters, Nvidia announced plans to invest $3 billion in Meta, with the two sides set to further deepen cooperation in the field of artificial intelligence. Meta plans to expand deployment of Nvidia's Vera Rubin computing platform and Vera CPU, and to strengthen cooperation between the two sides on the AI agent Muse.

Nvidia CEO Jensen Huang said that AI agents represent a new computing paradigm, capable of understanding users' goals, invoking tools, and completing tasks on their behalf. Meta CEO Mark Zuckerberg said the company hopes to continue working with Nvidia to provide users with personal AI agents and frontier models.

The partnership comes as Meta ramps up investment in AI infrastructure. On October 26, Meta announced plans to raise $35 billion through an underwritten public stock offering and a further $60 billion through an at-the-market offering program, totaling $95 billion. Nvidia, AMD, and Broadcom have all expressed interest in subscribing, with the total amount of shares they intend to purchase reaching up to $5 billion.

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