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.

Oct 26 : Meta Platforms said on Monday it plans to raise up 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

Needing money to power AI, tech companies are raising billions to drive their ambitions. Meta has announced it could raise up to $95B from selling stock.

Oct 26 : 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