$116 Oil Just Made Saudi Aramco Bigger Than Meta

AMD expanded its AI infrastructure partnership with Meta, with both companies collaborating on processors, graphics chips, and software. Meta uses AMD's EPYC processors and Instinct GPUs for AI workloads. AMD will invest $1 billion in Meta's equity offering. AMD's stock rose 3.77% to $551.32.

Nvidia will invest $3bn in Meta's $97.5bn equity offering, expanding their partnership to optimize AI infrastructure. Meta will deploy more Nvidia hardware, including Vera CPUs and BlueField-4 DPUs, for its Muse AI agents. Meta plans to raise $25bn through common stock and $12.5bn through convertible preferred shares, with an additional $60bn in shares planned for 2027.

AMD will invest $1B in Meta's equity offering, expanding their partnership. The collaboration covers CPUs, GPUs, networking, and AI infrastructure. AMD's technologies support Meta's AI models and services. AMD shares rose 3.07% to $547.61, while Meta fell 1.37% to $621.92.

AMD will invest $1B in Meta's equity offering and expand its partnership, covering CPUs, GPUs, networking, systems, and software to support Meta's services and AI infrastructure.

NVIDIA is investing $3 billion in Meta's equity offering to expand their AI partnership. The collaboration focuses on optimizing Meta's Muse AI models on NVIDIA's infrastructure, including the upcoming Vera Rubin platform. Both companies aim to improve AI agent performance and cost efficiency. NVIDIA reported $96 billion in Q2 revenue, with $89 billion from data center products.

Meta (META) plans to raise nearly $100 billion through stock sales to fund AI investments, including $25 billion in common stock and $12.5 billion in preferred stock. The company's free cash flow turned negative last quarter, and it hasn't repurchased shares in a year. Nvidia (NVDA) is investing $3 billion. Amazon (AMZN) and Alphabet (GOOGL) have also spent heavily on AI, relying on debt. Meta's nonvoting shares stem from a tax-related dispute with its board.