Nvidia has said it will invest $3 billion in Meta , after the social media and AI giant announced plans to raise a total of $95 billion to support its investments in artificial intelligence infrastructure.
Meta on Monday said it would initially raise $35 billion in underwritten public equity offerings, before raising an additional $60 billion with an at-the-market program.
The announcement stated that Nvidia, Advanced Micro Devices and Broadcom were interested in purchasing up to $5 billion in shares.
This is a developing story. Refresh for updates.
