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Meta Plans Massive Capital Raise of Up to $135 Billion to Fuel AI Initiatives

AI News

Meta Plans Massive Capital Raise of Up to $135 Billion to Fuel AI Initiatives

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.

Meta to raise $135b to bankroll AI ambitions

Capital Brief

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

Business Insider

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 launches $35 billion stock offering to fund AI expansion

Economic Times

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 announces $95B offering to fund AI

Semafor Technology

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.

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