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Meta Aims to Raise Up to $135 Billion to Fuel AI Expansion

Meta Aims to Raise Up to $135 Billion to Fuel AI Expansion

Meta launches $35 billion stock offering to fund AI expansion
Meta launches $35 billion stock offering to fund AI expansion

Meta Platforms has kicked off public offerings nearly reaching $35 billion as part of its ambitious AI expansion strategy. The tech giant also plans to roll out a significant share sale program,...

Meta looks to raise up to $95 billion from stock sales for AI build out
Meta looks to raise up to $95 billion from stock sales for AI build out

Meta is seeking more cash as it spends heavily on AI infrastructure, data centers, and computing power as it develops consumer AI products.

Meta to raise $135b to bankroll AI ambitions
Meta to raise $135b to bankroll AI ambitions

Meta Platforms plans to raise up to USD95 billion ($135 billion) in equity to fund further development of its AI products and infrastructure.

Meta announces $95B offering to fund AI
Meta announces $95B offering to fund AI

About $60 billion will come in the form of new, nonvoting shares that the company created last week.

Coverage dates

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