Nvidia will invest $3bn in Meta's share offering, and the two widen their work on Meta's Muse models

Nvidia said in a release on Monday 26 October: “In addition, NVIDIA will invest $3 billion in Meta’s equity offering.” The release says the two companies will partner to expand their work on Muse and the Muse family of models, Meta's AI models and agent.

Under the deal, Nvidia says, Meta will expand its deployment of Nvidia's Vera Rubin systems and Vera CPUs, and deploy Nvidia's Spectrum-X Ethernet networking and BlueField-4. The release's forward-looking statements refer to the “proposed investment in Meta”, including its anticipated completion and closing conditions, so the investment has not closed.

“Muse is how we bring personal superintelligence to everyone,” Mark Zuckerberg, Meta's chief executive, is quoted as saying in the release.

The Next Web reports that the investment is part of the share sale Meta launched on Monday. The Switchboard reported on 22 October that Meta had created a non-voting Class C stock that it can sell to pay for its growth, as its quarterly capital spending reached $34.9bn. The size and price of Meta's offering are not given here: they rest on one outlet, and Meta's own document was not opened.

• Claimed Nvidia will invest $3bn in Meta's equity offering; the investment is described as proposed. Nvidia
• Claimed Meta will expand its deployment of Vera Rubin and Vera CPUs and deploy Spectrum-X Ethernet and BlueField-4. Nvidia
• Reported The investment is part of the share sale Meta launched on Monday, The Next Web reports. The Next Web