Nvidia to invest $3bn in Meta and expand work on Muse agent

Nvidia will put $3bn into Meta and work more closely with it on Muse, Meta’s personal AI agent, the two companies announced today. The money is part of the share sale Meta launched on Monday to pay for its growing AI spending.

Since then, Meta has raised the common-stock portion of the sale to $25bn from $22.5bn and priced the shares at $625 each. With a separate sale of preferred shares, Meta expects to raise up to $37.5bn in total.