NVIDIA invests $3 billion in Meta and expands Muse and Vera Rubin partnership
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Rohan PaulXMeta raises fundraising target to $97.5B, with Nvidia, AMD and Broadcom eyeing $5B in sharesAIMeta raised its overall fundraising target from $95B to $97.5B, the largest capital raise in its history. The raise includes $12.5B in preferred stock, $25B in common stock and up to $60B through an at-the-market offering. Meta said Nvidia, AMD and Broadcom had expressed nonbinding interest in buying as much as $5B of common shares combined.
🚨 AI News | TestingCatalogXNVIDIA and Meta expand partnership on Muse models and Vera Rubin deploymentAINVIDIA and Meta will expand their partnership on the Muse family of models, with the companies also considering other collaborations around NVIDIA OpenShell Reference Architecture. Meta plans to expand deployment of NVIDIA Vera Rubin and Vera CPUs, paired with Spectrum-X Ethernet networking and BlueField-4, to boost performance and scale workloads.
- The DecoderNewsNvidia invests $3 billion in Meta as Meta plans more Nvidia chip use
AINvidia is investing $3 billion in Meta's planned equity offering, according to the Wall Street Journal, and the two companies said they would expand their partnership around Meta's Muse AI product. Meta plans to run more of its next-generation AI agents on Nvidia infrastructure, including Vera Rubin systems and Vera CPUs. Meta wants to raise up to $95 billion through stock offerings to fund its AI infrastructure buildout, and critics call this kind of investment circular financing.
- CNBC · TechnologyNewsNvidia to invest $3 billion in Meta as Meta raises $95 billion for AI
AINvidia says it will invest $3 billion in Meta, which plans to raise $95 billion to fund AI infrastructure. Nvidia also plans to expand Vera Rubin and Vera CPU deployment at Meta and deepen work on Muse, Meta's AI agent launched last month. The source reports that Nvidia has taken part in 121 investment rounds so far this year, according to Dealroom.
- NVIDIA NewsroomOfficialPickNVIDIA and Meta expand Muse collaboration, with NVIDIA investing $3 billion
AINVIDIA and Meta will expand their partnership on the Muse model family to improve inference and training performance for AI agents. NVIDIA will invest $3 billion in Meta's equity offering, and Meta will expand deployment of Vera Rubin and Vera CPUs, Spectrum-X Ethernet, and BlueField-4 networking. The companies also plan to consider collaboration on NVIDIA OpenShell and NVIDIA Sentry for agent security and monitoring.