
Meta announces plans to raise $95 billion for artificial intelligence infrastructure.
Nvidia plans to invest $3 billion in Meta as the AI giant aims to raise $95 billion for artificial intelligence infrastructure through public offerings and an at-the-market program.
AI-generated summary
Meta announced plans to raise $95 billion to support investments in artificial intelligence infrastructure.
Nvidia has said it will invest $3 billion in Meta , after the social media and AI giant announced plans to raise a total of $95 billion to support its investments in artificial intelligence infrastructure.
Meta on Monday said it would initially raise $35 billion in underwritten public equity offerings, before raising an additional $60 billion with an at-the-market program.
The announcement stated that Nvidia, Advanced Micro Devices and Broadcom were interested in purchasing up to $5 billion in shares.
AI outlook — possibilities, not facts
Meta will raise $35 billion via initial underwritten public equity offerings.
Very likely · Within weeks

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