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Big Tech's Bold Moves: Equity Funding Surge for AI Innovations

AI News

Big Tech's Bold Moves: Equity Funding Surge for AI Innovations

Big Tech turning to equity to raise funds for AI

Economic Times

Big Tech turning to equity to raise funds for AI

Meta plans to raise up to $98 billion to fund AI infrastructure, making it one of the largest equity financing plans ever. Stocks worth only about $37.5 billion have been sold so far — which...

Meta upsizes capital raise to nearly USD98b

Capital Brief

Meta upsizes capital raise to nearly USD98b

Meta Platforms increased its capital raise to almost USD98 billion ($139 billion) after selling an extra USD2.5 billion in common stock on Monday.

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