Nvidia, AMD to invest $4 billion in Meta as tech giants deepen AI partnership — SkimNews
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- Meta said it would initially raise $35 billion in underwritten public equity offerings, then raise an additional $60 billion through an at-the-market program, totaling $95 billion for AI infrastructure.
- Nvidia said it would invest $3 billion in Meta's equity offering, while AMD said it would invest $1 billion, bringing their combined commitment to $4 billion.
- Meta said Nvidia, AMD and Broadcom were interested in purchasing up to $5 billion of its shares.
- Nvidia said Meta would expand Vera Rubin and Vera CPU deployment and that the two companies would deepen their partnership on Muse, the AI agent Meta launched last month.
- AMD said its Helios racks were running at Meta and its EPYC processors were powering Muse; Lisa Su said the companies were building and deploying infrastructure at gigawatt scale for superintelligence models and services.
- AMD shares rose 3% on Tuesday, while Nvidia was flat and Meta fell 1%.
- Jensen Huang said AI agents represent a new computing paradigm in which software understands goals, reasons, uses tools and gets work done for users; Mark Zuckerberg said Meta was working with Nvidia on personal agents and frontier models for billions of people.
Why it matters: Meta’s $95 billion infrastructure plan puts $4 billion from Nvidia and AMD behind the company as AMD hardware runs at Meta and Nvidia’s Vera deployment expands. The concrete change is a combined capital, compute and software relationship spanning both chipmakers’ processors, rack systems and AI-agent work.
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