Nvidia, AMD to buy $4B in Meta shares as part of expanded chip partnerships
Meta Platforms Inc. today announced that Nvidia Corp. and Advanced Micro Devices Inc. plan to buy $4 billion worth of its shares. The chipmakers will purchase the equity as part of an up to $95 billion stock sale that the Facebook parent intends to kick off in the near future. The fundraising initiative will also […] The post Nvidia, AMD to buy $4B in Meta shares as part of expanded chip…
Meta Platforms Inc. announced that Nvidia Corp. and Advanced Micro Devices Inc. plan to purchase $4 billion worth of its shares as part of an upcoming stock sale. The investment, which also includes Broadcom Inc., totals $5 billion. Nvidia will contribute $3 billion, as part of an expanded partnership, to help Meta optimize its computing infrastructure for AI agents.
The company will integrate Meta's Rubin graphics processing units and Vera central processing units into Nvidia-designed DGX Vera Rubin NVL72 appliances, which feature 72 GPUs and 36 CPUs each. Meta will also increase its use of Nvidia's networking gear, including the Spectrum-X Ethernet product family and BlueField-4 chips, to improve performance and cost efficiency for its Muse large language model family and Facebook's AI agent.
AMD will invest $1 billion in Meta, adopting the company's Helios rack design, which features 72 GPUs, AMD's latest Instinct MI450 graphics card architecture, Epyc CPUs, and Pensando data processing units. Meta plans to deploy additional Helios racks in its data centers and explore custom AI accelerators based on AMD's Instinct graphics card architecture.
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