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NVIDIA plans to invest in 3000000000 USD acquire an equity stake in Meta, with both sides deepening their cooperation on AI the assistant Muse

PANews October 27 reported, citing NetEase Technology, that NVIDIA and Meta announced a major strategic partnership, with NVIDIA planning to invest in the equity issuance of Meta, 3000000000 USD, while the two sides will comprehensively deepen cooperation in the fields of the artificial intelligence (AI) assistant Muse and related large models. This direct equity investment, valued at 3000000000 USD, marks a closer alliance of interests between the two technology giants spanning AI underlying computing power and top-level applications. As the hardware core of the partnership,Meta will substantially expand its deployment of NVIDIA's next-generation computing infrastructure, directly responding to the surge in market demand for efficient AI computing resources.

Source: https://www.panewslab.com/zh/articles/01a17c96-a996-778a-9d97-bf1d7f14bcf2