The Decoder· Maximilian Schreiner·· 4d ago
Meta plans up to $95 billion AI infrastructure buildout, Nvidia invests $3 billion
Original source: The DecoderRead original
AI brief
Meta plans to raise up to $95 billion through stock offerings to fund AI infrastructure, with Nvidia investing $3 billion in Meta's equity offering. The two companies are expanding their partnership around Meta's AI product Muse, and Meta plans to use Nvidia hardware including Vera Rubin systems for its next-generation AI agents.
Source: The Decoder · the-decoder.com