Nvidia invests $3B in Meta for more AI chips
nvidia invests $3 billion in meta to expand partnership on ai infrastructure, meta plans to use more nvidia chips for ai agents.
nvidia is investing $3 billion in meta's planned equity offering, with meta aiming to raise up to $95 billion for its ai infrastructure buildout. the two companies are expanding their partnership around meta's ai product muse, with meta planning to use more nvidia infrastructure, including vera rubin systems and vera cpus, for its next generation of ai agents. this deal follows a pattern of nvidia investing in customers like openai, which then use the funds to build data centers with nvidia chips.