Nvidia Corp. agreed to invest $3 billion in Meta Platforms Inc.’s equity offering, the two companies said in a joint statement Tuesday. The investment is part of an expanded artificial intelligence agreement between the chip maker and the social media parent, the announcement said.
The partnership centers on Meta’s Muse AI assistant and the related family of Muse models and agents, the companies said. As part of the arrangement, Meta plans to expand its use of Nvidia hardware, the statement said.
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