Meta gets $3 billion from Nvidia and plans to spend more on Nvidia chips

Nvidia is investing $3 billion in Meta's planned equity offering, and the two companies said they will expand their partnership around Meta's AI product Muse. Meta plans to use more Nvidia infrastructure for its next generation of AI agents, including Vera Rubin systems and Vera CPUs, and aims to raise up to $95 billion through stock offerings to fund its AI infrastructure buildout. According to CNBC, AMD and Broadcom also signaled nonbinding interest in buying up to $5 billion in Meta shares combined.