Nvidia to Invest $3 Billion in Meta’s Equity Offering as They Expand AI Partnership
Nvidia to Invest $3 Billion in Meta’s Equity Offering as They Expand AI Partnership
2 days ago
WSJMegan Cheah,Fabiana Negrin Ochoa
Nvidia just put three billion dollars into Meta — not a startup, but one of its own biggest customers. According to Nvidia and Meta (October 27), the chip giant will invest $3 billion in Meta's stock offering, one day after Meta said it plans to raise up to $95 billion for AI infrastructure. In simple terms, it's a two-way deal: Meta will expand its use of Nvidia's newest hardware, Vera Rubin systems and Vera CPUs, for its next generation of AI agents, and the two companies will deepen their wor
1:17
Nvidia just put three billion dollars into Meta — not a startup, but one of its own biggest customers. According to Nvidia and Meta (October 27), the chip giant will invest $3 billion in Meta's stock offering, one day after Meta said it plans to raise up to $95 billion for AI infrastructure. In simple terms, it's a two-way deal: Meta will expand its use of Nvidia's newest hardware, Vera Rubin systems and Vera CPUs, for its next generation of AI agents, and the two companies will deepen their wor
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