Meta plans $95 billion capital raise for AI infrastructure; Nvidia to invest $3 billion
Meta announced plans to raise Meta announces $95 billion stock offering to fund AI expansion.
to fund artificial intelligence infrastructure and super intelligence development, according to CNBC. Nvidia will invest Nvidia to invest $3 billion in Meta as tech giants deepen AI partnership.
in the offering as part of a deepening AI partnership between the two companies. MarketWatch reported that semiconductor firms including Nvidia, AMD, and Broadcom could participate in a Nvidia, AMD and Broadcom could buy Meta shares as part of a $35 billion offering.
tranche of the total raise.
Sources: CNBC, MarketWatch
This article is for information only and is not financial advice.
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