Nvidia invests $3 billion in Meta as the two companies deepen their AI partnership
Nvidia will invest $3 billion in Meta, which plans to use Nvidia's Vera products and raise $97.5 billion through a stock sale to fund AI infrastructure.
- Nvidia will invest 3 billion dollars in Meta.
- Meta will increase use of Nvidia's Vera Rubin and Vera CPU products.
- Meta allocated at least $135 billion for AI infrastructure this year.
- Meta plans to raise 95 billion dollars through a stock sale.
Outlets: Business Recorder, China Labour Bulletin, Clarín, Estadão, International: Top News And Analysis, Times of India (Top), ZN.UA
Written by AI from the outlets' reporting and checked automatically; it can contain mistakes. How Daily Brief works · Privacy