Jensen Huang has invested 20 billion yuan and is betting on Mark Zuckerberg.
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Report by Zhidong on October 27: Today, Nvidia released a statement announcing that it will invest 3 billion US dollars (approx. 200 billion yuan) as part of Meta's share issuance. At the same time, both sides will expand their cooperation in the field of the personal agent product Muse and the Muse model series to improve the inference and training performance of the models. Nvidia's statement (Source: Platform X) This investment by Nvidia is part of a larger financing plan by Meta. On October 26, Meta released a statement announcing that it plans to raise 950 billion US dollars (approx. 6335 billion yuan): On the one hand, 350 billion US dollars are to be raised through an underwritten public share offering, followed by another 600 billion US dollars through an at-the-market issuance program. In addition to Nvidia, AMD and Broadcom also intend to invest in Meta. Meta expects its total capital expenditures to be between 1350 and 1450 billion US dollars (approx. 9013 to 9680 billion yuan). This financing will support its steadily growing capital expenditures. According to Nvidia's statement, in addition to financing, Meta and Nvidia plan to cooperate in all areas to maximize the performance of the AI infrastructure and reduce total operating costs. Currently, Meta's Muse model is already running on Nvidia's infrastructure. When the Muse Wonder model was released in October...
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