Nvidia to Invest $3 Billion in Meta as Part of Capital Raise

In depth

Bizportal reported that Meta is turning to the capital market to raise about $95 billion for artificial intelligence infrastructure, of which $35 billion in the first stage. According to the report, another $60 billion may come later, and three companies, Nvidia, Broadcom and AMD, are considering a joint investment of up to $5 billion.

Nvidia announced a $3 billion investment in Meta, which will be carried out through Meta's planned share offering. According to Calcalist, this offering will amount to $97.5 billion, and according to Globes, it is raising $97.5 billion to fund artificial intelligence infrastructure.

The collaboration will focus on improving the performance of Muse models on Nvidia infrastructure and on developing personal AI agents for billions of users, according to Globes. Ice wrote that investors must agree that a growing share of resources will be directed to investments whose return is uncertain.