META EYES RECORD $95 BILLION EQUITY RAISE TO FUND AI EXPANSION

Meta Platforms said on Monday it plans to raise up to $95 billion in its largest-ever equity fundraising, as ‌the social media giant spends aggressively on its AI infrastructure expansion.

The Facebook parent has launched public offerings worth about $35 billion in common and preferred stock, and said it also plans to launch a separate at-the-market share sale program worth up to $60 billion.

Learn More