Meta to raise up to $95 billion in equity to fund costly AI expansion

Meta Platforms said on Monday it plans to raiseup to $95 billion in equity to fund its costly AI-related expansion of data centers, cloud computing power and other infrastructure. The company launched public offerings of about $35 billion in common stock and convertible preferred stock. It also said it plans to launch a separate at-the-market share sale program of up to $60 billion after its new non-voting Class C shares begin trading, which is expected in the first quarter of 2027. Meta has ste

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