NVIDIA says it will invest $3 billion in the stock Meta began selling on Oct. 26, and the two companies will deepen their work on Muse, Meta's family of AI models and the personal AI agent built on them. An AI agent is AI that can carry out tasks on its own, such as using apps and websites, instead of only answering questions.
Meta says the sale supports its spending on the computing power its AI needs. The companies say Muse already uses NVIDIA's hardware, and that Meta intends to use more of it, including NVIDIA's Vera Rubin systems and Vera processors for Meta's next AI agents, along with NVIDIA networking gear that links the machines together. That means NVIDIA is putting money into a customer that says it plans to buy more of NVIDIA's products.
Meta set the terms of its sale on Monday. It raised the size of its ordinary share sale to $25 billion, up from $22.5 billion, at $625 a share, and priced about $12.5 billion of preferred stock, a kind of share that carries a dividend and turns into ordinary shares by about August 2029. Meta expects the money from the ordinary shares to reach it later, by Nov. 19, 2027. When Meta announced the sale, it said NVIDIA, AMD and Broadcom had shown interest in buying up to $5 billion of the ordinary shares between them, without any promise to buy. NVIDIA has not said which part of the sale its $3 billion buys.
The two companies say they will work together to make Muse faster to train and run and cheaper to operate. They say they will also consider working together on NVIDIA's OpenShell software, which is meant to let AI agents run safely, and its Sentry tool, which watches how agents behave. Mark Zuckerberg, Meta's chief executive, says Muse "is how we bring personal superintelligence to everyone." Superintelligence means AI much smarter than people, and no one has built it.
Neither company has said how much NVIDIA hardware Meta will buy, what it will cost or when it will be installed. NVIDIA describes the $3 billion as a proposed investment that still has to be completed. And Meta's releases say the money from the sale is for general corporate purposes, so Meta can spend it on any part of the business, not only AI.
Correction (Oct. 28): an earlier version of the summary said NVIDIA's hardware runs Meta's Muse AI. NVIDIA says Muse uses its hardware.