StartupsQuartzabout 1 hour ago
Meta Raises $25 Billion in Stock Sale
2 min read
Meta raised $25 billion by upsizing its stock offering from $22.5 billion, priced at $625 per share. Nvidia later committed $3 billion to the deal, expanding their partnership on Muse AI models. The offering closes on Oct. 29, with net proceeds expected around $24.9 billion before expenses.
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