Nvidia investing $3 billion in Meta in Muse partnership
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Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg at a 2023 event. Photo: Andrew Caballero-Reynolds/AFP via Getty Images)
Nvidia will invest $3 billion in Meta as part of an expanded partnership that includes closer collaboration on the Muse agent platform, the companies said Tuesday.
Why it matters: A multibillion-dollar Nvidia investment is becoming all but table stakes for serious AI players — a ready source of capital for their breakneck expansion and a guarantee for Nvidia of future revenue streams.
How it works: Nvidia said it would purchase $3 billion of the $95 billion stock offering Meta announced Monday.
- The companies will "partner to expand their work on Muse and the Muse family of models to improve inference and training performance," Nvidia said in a statement.
What they're saying: "We're excited to keep working with (Nvidia) to deliver the best personal agents and frontier models for billions of people," Meta CEO Mark Zuckerberg said in a statement.
- "AI agents represent a new computing paradigm — software that understands our goals, reasons, uses tools and gets work done on our behalf," Nvidia CEO Jensen Huang said in the same statement.
The companies also released an image of Jolly, Muse's viral mascot, dressed as Huang — down to the signature leather jacket.
