Financial Times: Meta Considers Massive Stock Issuance to Raise Funds for AI
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The Financial Times reports that Meta is considering raising tens of billions of dollars through a stock issuance to fund its artificial intelligence (AI) initiatives. This follows a similar move by Alphabet, which raised $84.75 billion through an expanded stock offering. The report highlights a shift by big tech companies towards bond and equity markets to finance AI infrastructure investments. Meta has not yet hired a bank and may ultimately decide not to issue new shares.