Nvidia to put $3 billion into Meta's $95 billion AI raise

Meta's plan to raise up to $95 billion follows its aggressive build-out of compute capacity and the recent launch of Muse, which has become a major consumer-facing hit. The offering is structured with an initial $35 billion raise, including about $22.5 billion in Class A common stock and $12.5 billion in Series A mandatory convertible preferred stock.

Nvidia's $3 billion commitment comes as Meta's main chip suppliers — Nvidia, AMD, and Broadcom — expressed interest in purchasing up to $5 billion in aggregate of the shares. That suggests the raise is drawing support from key hardware partners, potentially aligning their interests with Meta's AI infrastructure ambitions.

The expanded partnership on Muse and the Muse family of models aims to improve inference and training performance. Nvidia CEO Jensen Huang framed AI agents as a new computing paradigm, and the deepened collaboration may indicate that Meta's consumer AI push is increasingly tied to Nvidia's hardware and software stack.