Advanced Micro Devices (AMD) will invest $1 billion in Meta Platforms’ equity offering, the companies announced on October 27, 2026. The investment is intended to deepen their collaboration on artificial intelligence infrastructure as Meta expands its AI capabilities.

Meta is raising capital to fund significant AI-related spending. The offering also includes a $3 billion investment from AMD rival Nvidia.

Meta already uses AMD EPYC processors and is testing AMD’s Helios computing systems to power its AI models and services.