Nvidia plans to invest $3 billion in Meta as the company seeks to raise between $95 billion and $97.5 billion to fund its AI infrastructure. The plan includes $35 billion in underwritten public equity offerings, including $25 billion of Class A shares priced at $625 each, and a $60 billion at-the-market program. Nvidia, Advanced Micro Devices and Broadcom expressed non-binding interest in purchasing up to $5 billion of Meta shares, but Nvidia is the only company to announce a firm amount. Meta and Nvidia are also deepening their collaboration on the Muse models and agents, with increased use of Vera Rubin GPUs and Spectrum-X networking technology likely but not yet finalized. Meta raised its full-year capital expenditure forecast to between $135 billion and $145 billion, supporting expected demand for AI hardware.
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