Nvidia will invest $3 billion in Meta's planned share issuance, the Wall Street Journal reported on Oct. 27. The two companies will also expand AI cooperation.
Nvidia and Meta will expand cooperation centered on Meta's AI service Muse, the report said. The companies explained that the decision reflects demand for “useful” AI agents.
Meta plans to increase adoption of Nvidia infrastructure to run next-generation AI agents. This includes Vera Rubin and Vera central processing units (CPUs). The companies are also reviewing cooperation in other areas, including monitoring agent operations.
Meta announced on Oct. 26 it would issue up to $95 billion in shares in multiple rounds to raise funds for AI infrastructure investment. Meta will first proceed with an offering of about $35 billion.
Chi-gyu Hwang
delight@d-today.co.kr