Meta Platforms has slightly raised its planned equity offering to $97.5bn from $95bn to fund artificial intelligence investment, lifting its common stock offering to $25bn from $22.5bn. With underwriter options of about $5.5bn, total fundraising could reach roughly $103bn.
Meta raises equity financing plan to $97.5bn, with total possibly reaching $103bn
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The story so far: Chipmakers invest in Meta equity offering
Market sources said Nvidia, AMD and Broadcom were interested in buying up to $5bn of Meta Platforms stock, and AMD said it will invest $1bn in a Meta equity offering. Meta has now raised its planned equity offering to $97.5bn, with total fundraising possibly reaching about $103bn. Meta's $25bn share sale ended five…
Nvidia, AMD and Broadcom said to be interested in buying up to $5bn of Meta stock
Market sources say Nvidia, AMD and Broadcom are interested in buying up to $5bn of Meta Platforms stock.
AMD to invest $1bn in Meta equity offering as EPYC powers Muse AI agents
AMD will invest $1bn in a Meta Platforms equity offering as the two companies pursue a strategic partnership on computing for Meta's superintelligence infrastructure. Helios rack-scale systems are running at Meta, with EPYC processors powering Meta's Muse AI agents.
Meta raises equity financing plan to $97.5bn, with total possibly reaching $103bn
Meta Platforms has slightly raised its planned equity offering to $97.5bn from $95bn to fund artificial intelligence investment, lifting its common stock offering to $25bn from $22.5bn. With underwriter options of about $5.5bn, total fundraising could reach roughly $103bn.
Meta's $25bn share sale ends five times oversubscribed, sources say
Meta Platforms' $25bn stock offering was ultimately five times oversubscribed, according to market sources.
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