1

Nvidia and Meta expand their Muse partnership, including Meta deploying more Vera Rubin and Vera CPUs; Nvidia will invest $3B in Meta's planned equity fundraise (Wall Street Journal)

techmeme.com

Nvidia and Meta are expanding their Muse partnership, with Meta deploying additional Vera Rubin and Vera CPUs and Nvidia investing $3B in Meta's planned equity fundraise. Meta is reportedly seeking up to $95 billion through stock offerings.

Sign in to suggest

Key sources

  1. SOURCE@financialjuice“Meta prices $25 billion of class A common stock at $625 per share in public offering”x.com
  2. SUPPORT@coinbureau“That’s up from $95B after upsizing its Class A offering from $22.5B to $25B, priced at $625 a share.”x.com
  3. SOURCE@financialjuice“Nvidia to invest $3 billion in Meta equity offering”x.com
  4. SUPPORT@firstsquawk“META PLATFORMS SHARES DOWN 0.5% PREMARKET AFTER CO ANNOUNCES PRICING OF STOCK OFFERING”x.com
  5. SUPPORT@openoutcrier“Meta Plans up to $95 Billion in Financing to Power Its AI Growth”x.com
  6. SUPPORT@zerohedge“$22.5 billion of Class A common stock, sold through forward sale agreements with Morgan Stanley and Goldman (plus a $3.375 billion greenshoe).”x.com
  7. SUPPORT@amitisinvesting“The total raise so far will be around $95B, $10B more than Google’s $85B equity offering from a few months ago.”x.com
  8. SUPPORT@rohanpaul_ai“Meta says the money supports 4 superclusters above 1 gigawatt each, its Muse agent and a data center business, alongside debt and partnership financing.”x.com
Markdown