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Meta Plans Roughly $97.5 Billion Stock Sale to Fund AI Buildout

Meta announced a planned equity raise of about $97.5 billion, slightly larger than its initial $95 billion plan, with Nvidia and AMD taking roughly $4 billion of the offering to fund its AI investments.

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Oct 27, 11:24 AM bloomberg.com Meta Boosts Equity Offering to $98 Billion, Raising Its AI Bet
Oct 27, 10:12 AM qz.com Meta's $25 billion stock offering attracted about five times more demand than shares
Oct 27, 7:05 AM barrons.com Nvidia and AMD Take $4B Chunk of Meta’s Equity. They Are Fighting Custom Chips.
Oct 27, 7:02 AM ft.com Anthropic and the AI cluster effect in fundraising
Oct 27, 6:37 AM theinformation.com Meta Slightly Increases Equity Fundraising Plan to $97.5 Billion
Oct 27, 4:12 AM bloomberg.com Stocks Waver as AI Funding Picks Up Steam; Israel Heads to the Polls
Oct 27, 3:13 AM fortune.com Tech bulls are barely winning their fight against the oil bears

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