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Meta announced a $95 billion stock plan Monday to fund AI expansion, including $35 billion in initial offerings and up to $60 billion starting in Q1 2027. The company raised its full-year capital expenditure forecast to $135 billion to $145 billion.
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Reuters and WSJ lead with the smaller $35 billion figure while FT and CNBC emphasize the larger $95 billion total plan.
Summary by ByteBrief
Meta launches $35bn share sale for AI
Meta plans to raise $95B to finance its AI expansion, including a $35B underwritten equity offering, backed by cornerstone investors Nvidia, AMD, and Broadcom (Tim Bradshaw/Financial Times)
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