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Meta Plans to Raise Up To $95 Billion for AI Through Equity Sales

Sourcestheinformation.com

[The Information] Meta Platforms announced plans to raise up to $95 billion through an equity offering, adding another entry to the already massive financing plans of AI companies in order to support the data center construction boom. According to The Information, the plan includes an underwritten public offering of about $35 billion, of which about $22.5 billion will...

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