Meta Aims to Raise $95 Billion to Pursue New AI Opportunities

T2Covered by 1 source · first reported by PYMNTS at 26 Oct, 15:17 UTC

Meta is planning to raise $95 billion to support its artificial intelligence (AI) efforts. The tech giant announced its fundraising plans Monday (Oct. 26), saying it planned to raise $35 billion in underwritten public equity offerings, before drumming up another $60 billion with an at-the-market…

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• T2Meta Aims to Raise $95 Billion to Pursue New AI OpportunitiesPYMNTS26 Oct, 15:17