Nvidia, AMD to Invest $4 Billion in Meta as Tech Giants Deepen AI Partnership
Meta on Monday announced plans to raise a total of $95 billion to support its investments in artificial intelligence infrastructure.
TL;DR
- Nvidia and AMD are investing a total of $4 billion in Meta.
- Meta plans to raise $95 billion for AI infrastructure, starting with a $35 billion equity offering and a $60 billion at-the-market program.
- Nvidia's $3 billion investment includes expanding Vera CPU deployment and deepening their partnership on Meta's AI agent, Muse.
- AMD's $1 billion investment involves their Helios racks and EPYC processors powering Meta's Muse.
- Both Nvidia and AMD have been significantly increasing their investments in AI companies this year.
- Nvidia has invested in OpenAI, Anthropic, Intel, and XAI.
- AMD made an equity investment of up to $5 billion in Anthropic in July.
- Meta's stock was down 1% following the announcement, while AMD was up 3% and Nvidia remained flat.