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Nvidia to invest $3 billion in Meta as tech giants deepen AI partnership
Nvidia has said it will invest $3 billion in Meta after the social media and AI giant announced plans to raise $95 billion to support its investments in artificial intelligence infrastructure.
AI Summary
Nvidia announced a $3 billion investment in Meta. Meta said it plans to raise $95 billion to fund artificial‑intelligence infrastructure. The company will first raise $35 billion through an underwritten public equity offering, then raise an additional $60 billion via an at‑the‑market program.
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