Meta launches up to $95 billion capital raise to power AI infrastructure expansion
Meta Platforms $META launched a combined $35 billion stock offering (ordinary and preferred shares) with the potential to add up to $60 billion via an at-the-market facility to fund aggressive AI infrastructure deployment. Nvidia $NVDA, AMD $AMD, and Broadcom $AVGO are named as potential purchasers.
The massive capital mobilization reflects Wall Street concerns about soaring AI capex among Big Tech giants. Meta's move signals confidence in long-term AI monetization despite near-term spending pressures. #technology #capital #AI
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