Tim Bradshaw / Financial Times:

Meta plans to raise $95B to finance its AI expansion, including a $35B underwritten equity offering, backed by cornerstone investors Nvidia, AMD, and Broadcom  —  Chipmakers Nvidia, AMD and Broadcom will act as cornerstone investors  —  Meta is planning to raise $95bn in a stock offering …

Tim Bradshaw / Financial Times:

Meta plans to raise $95B to finance its AI expansion, including a $35B underwritten equity offering, backed by cornerstone investors Nvidia, AMD, and Broadcom  —  Chipmakers Nvidia, AMD and Broadcom will act as cornerstone investors  —  Meta is planning to raise $95bn in a stock offering …

Source: TechMeme
Source Link: https://www.techmeme.com/261026/p15#a261026p15