Nvidia Invests $3 Billion in Meta as the Two Deepen Their Muse AI Agent Partnership

Key takeaway: Nvidia will invest $3 billion in Meta’s equity offering as the two companies deepen their partnership on Muse, Meta’s personal AI agent, and expand Meta’s deployment of Nvidia’s Vera Rubin hardware. The deal, announced on October 27, 2026, pairs a supplier investment with a joint push to make Muse faster and cheaper to run.

Nvidia and Meta announced the expanded partnership on Tuesday, October 27, 2026, saying they will work together to improve the inference and training performance of Muse and the wider Muse family of models. Inference is the work a model does when it answers a user; training is the far heavier work of building it. Nvidia also confirmed it will invest $3 billion in Meta’s equity offering.

The announcement changes the story USABite covered on October 26, when Meta unveiled a huge AI fundraising plan, in two ways: the total offering has grown, and one of Meta’s most important suppliers is now putting its own money in. Here is what is confirmed, what is still only being considered, and why the pairing matters.

How the $97.5 billion fundraising breaks down

Meta increased its equity offering on October 27 to $97.5 billion, the largest fundraising in its history, as it accelerates investment in AI infrastructure. Only the first part is priced and sold now.

First, the public offerings: Meta increased its Class A common stock offering from $22.5 billion to $25 billion, priced at $625.00 per share, and priced 250 million depositary shares at $50 per share. Those depositary shares represent mandatory convertible preferred stock. Together, the two public offerings come to about $37.5 billion.

Second, a separate at-the-market programme worth up to $60 billion, under which Meta would sell shares gradually at prevailing market prices. That programme will launch only after Meta’s new non-voting Class C shares begin trading, expected in the first quarter of 2027, and Meta has not yet finalised its timing and terms. So $97.5 billion is a ceiling for the whole plan, not cash already raised.

Reuters also reported that Nvidia, Advanced Micro Devices and Broadcom had expressed interest in buying up to $5 billion of Meta shares in total. Nvidia’s own statement then put its own commitment at $3 billion. The distinction matters: $5 billion was combined interest from three chip suppliers, while $3 billion is Nvidia’s confirmed slice.

What changes for Muse users

Muse is Meta’s personal AI agent, known internally as Hatch, and it sits at the centre of CEO Mark Zuckerberg’s plan to deliver “personal superintelligence” to the billions of people who use Meta’s services daily. Reuters reported that Muse is modelled on the open-source AI agent OpenClaw and can access a user’s email, calendar, payments, health, shopping and smart-home applications, with users able to revoke access at any time.

For ordinary users, nothing changes overnight: no new Muse feature, price or availability change was announced with the investment. What the partnership promises is behind-the-scenes improvement — faster responses and lower running costs per task — plus expanded deployment of Nvidia’s Vera Rubin and Vera CPUs, Spectrum-X Ethernet networking and BlueField-4 for network efficiency and throughput.

The practical angle is therefore permission hygiene: if you use an AI agent that can reach into your email, calendar or payments, check what it can access and what you can revoke. That control matters more as agents take on more tasks on your behalf.

Nvidia founder and CEO Jensen Huang framed agents as a shift in computing itself: “AI agents represent a new computing paradigm — software that understands our goals, reasons, uses tools and gets work done on our behalf,” he said. “This changes how we use computers, from operating applications to working with intelligent agents.”

Nvidia vs Meta: what each side gets

Side	What it puts in	What it gets out
Nvidia	$3 billion into Meta’s equity offering; joint engineering on Muse	A flagship customer locked deeper into its chips, networking and agent-safety tools
Meta	Expanded Vera Rubin and Vera CPU deployment; Spectrum-X and BlueField-4	Faster, cheaper Muse performance — and a supplier with a direct stake in its success
Both	Work on OpenShell and Sentry (see below)	A shared pitch: agents that are capable, efficient and safer to deploy

What it costs — and the circular-capital question

Meta’s fundraising is among the biggest ever by an AI company, and it underlines how capital-intensive the AI race has become: chips, data centres and power must be paid for before agent revenue arrives. Meta says it will use the proceeds to support investment in AI infrastructure and consumer AI tools.

The cost question analysts raised is about circular capital: chip suppliers helping to finance the expansion of one of their biggest customers. William Blair analysts said in a note that they expect investors to keep questioning the financing and the potential for future capital raises, while adding that the financing reinforces both Meta’s confidence in the long-term returns from AI investment and the increasingly capital-intensive nature of pursuing that opportunity. Meta’s shares fell about 1.4% in morning trading after the raise, according to Reuters.

Analysis: the market reaction does not settle the argument. A falling share price on a huge equity raise can reflect dilution — more shares dividing the same company — rather than a verdict on Muse itself. The real test, whether Muse usage and revenue grow fast enough to justify the infrastructure bill, will take quarters to judge.

Knowns, unknowns, and what to watch

Known: Nvidia will invest $3 billion; the two will deepen engineering work on Muse; Meta’s offering grew to $97.5 billion, with $25 billion of common stock at $625 per share and 250 million depositary shares at $50; and Meta plans to expand Vera Rubin, Vera CPU, Spectrum-X and BlueField-4 deployment.

Unknown: the OpenShell and Sentry work is not yet a firm commitment — both companies said only that they will consider collaboration on Nvidia’s OpenShell Reference Architecture for safe agent deployment, Sentry for monitoring agent behaviour, and data processing across structured, unstructured and graph data. The timing and terms of the $60 billion at-the-market programme are also not finalised.

What to watch: whether Meta’s Class C shares begin trading on schedule in early 2027, whether the at-the-market programme follows, any independent benchmarks for Muse after the joint optimisation work, and whether other chip suppliers confirm their own stakes in Meta’s offering.

Sources

• Nvidia and Meta to Expand Collaboration on Muse and Muse Family of Models (Nvidia press release, October 27, 2026)
• Nvidia, Meta partner on Muse agent as Nvidia invests $3 billion (Reuters, October 27, 2026)
• Meta eyes record $97.5 billion equity raise to fund AI expansion (Reuters via SRN News, October 27, 2026)
• Related USABite coverage: Meta Plans to Raise Up to $95 Billion for AI — Its Biggest-Ever Bet on Data Centers and Chips and Nvidia’s DSX POD Puts an AI Data Center in a Shipping Container

Frequently asked questions

What did Nvidia and Meta announce on October 27, 2026?

Nvidia and Meta announced they will deepen their partnership on Muse and the Muse family of models to improve inference and training performance. Nvidia also said it will invest $3 billion in Meta’s equity offering. Meta plans to expand its use of Nvidia’s Vera Rubin and Vera CPU hardware, plus Spectrum-X networking and BlueField-4.

How much is Meta raising, and what is Nvidia’s share of it?

Meta increased its equity offering to $97.5 billion in total, its largest ever. That includes about $37.5 billion in priced public offerings — $25 billion of common stock at $625 per share and 250 million depositary shares at $50 each — plus up to $60 billion through a future at-the-market programme. Nvidia’s confirmed investment is $3 billion.

What is Muse, and what can it access?

Muse is Meta’s personal AI agent, known internally as Hatch, and it is central to Meta’s plan to deliver personal superintelligence to its billions of users. Reuters reported that Muse is modelled on the open-source agent OpenClaw and can access email, calendar, payments, health, shopping and smart-home apps, with users able to revoke access at any time.

Does the Nvidia deal change Muse for users right away?

No new Muse feature, price or availability change was announced with the investment. The near-term promise is behind-the-scenes improvement: faster responses and lower running costs from joint optimisation work. Any new user-facing features, and the OpenShell and Sentry safety work, are still to come or still only under consideration.

Why are analysts talking about circular capital?

Because chip suppliers are helping to finance a major customer that also buys their chips, which can look circular: money flows from supplier to customer and back as hardware orders. William Blair analysts said investors will keep questioning the financing and the chance of future raises, while noting the deal also shows Meta’s confidence in long-term AI returns.