Nvidia will invest $3 billion in Meta, the social media and artificial intelligence giant. Meta plans to raise a total of $95 billion to support its investments in artificial intelligence infrastructure. The company will initially raise $35 billion through underwritten public equity offerings, followed by an additional $60 billion through an at-the-market program. Nvidia, Advanced Micro Devices and Broadcom said they were interested in purchasing shares worth up to $5 billion.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
