Meta Seeks $95 Billion for AI as Nvidia Invests $3 Billion

Nvidia, AMD and Broadcom consider $5 billion investment

Nvidia, Advanced Micro Devices (AMD), and Broadcom are considering purchasing up to $5 billion worth of Meta shares. On 27 October 2026, Nvidia explicitly declared a $3 billion investment in Meta Platforms amid escalating competition within the artificial intelligence sector.

This investment is part of an expanded partnership between the two companies. Nvidia will acquire $3 billion in stock and assist in improving the Muse AI platform.

Zuckerberg and Huang deepen collaboration on AI agents

The two companies are also deepening their collaboration on Muse, an AI agent Meta launched in September 2026.

"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. He further noted that this shifts the way individuals interact with computers, transitioning from the operation of applications to the engagement with intelligent agents.

"We're excited to keep working with Nvidia to deliver the best personal agents and frontier models for billions of people," Zuckerberg said.

Meta reports $64.6 billion revenue amid heavy infrastructure spending

Meta reported third-quarter revenue of $64.6 billion, a 26% increase.

Meta projects capital spending for the current year to be between $135 billion and $145 billion. Regarding the company's progress in its core business, CEO Mark Zuckerberg said last week, "Our investments are paying off".

Meta is a major customer of its chip suppliers. While Nvidia provides millions of AI chips, AMD accounts for as much as six gigawatts of GPUs, and Broadcom supports the creation of custom processors.

Nonvoting shares planned for 2027 share sale

Meta plans to conduct an additional $60 billion share sale program beginning in early 2027, although this plan is not guaranteed. This offering will utilize new nonvoting shares to enable the company to raise capital without diluting the voting control held by CEO Mark Zuckerberg.

Meta was provided with warrants by AMD in February 2026, allowing for the acquisition of up to 160 million AMD shares at a price of one cent apiece. These warrants are contingent upon the company meeting specific chip purchase and performance milestones.

Industry analysts warn of ownership webs and market risks

Nvidia has broadened its portfolio by investing in various firms leading the artificial intelligence industry, such as OpenAI, Anthropic, Intel, and xAI. Dealroom data shows that Nvidia participated in 121 investment rounds in 2026, compared with 13 rounds in 2022.

LSEG researchers David McNay and Robin Marshall issued a warning on 21 October 2026, stating that "ownership webs" within the industry complicate the process of tracing revenue to earnings and spotting financial risks. SpaceX signed a $40 billion AI chip financing deal backed by Apollo as borrowing costs and debt-market concerns increase.

Polymarket traders estimate a 10 percent probability of a qualifying AI industry downturn by 31 December 2026 and a 23 percent probability by 30 June 2027.