Meta will sell up to $95 billion of new shares to pay for AI.
Meta said Monday it will raise $35 billion right away through two stock sales. Its chip suppliers Nvidia, AMD and Broadcom have signaled interest in buying up to $5 billion of those shares. A further $60 billion of gradual share sales is planned to begin in early 2027.
Why it mattersMeta expects up to $145 billion in spending this year, and last quarter it spent more cash than it earned. When a company this rich sells stock to fund AI, its existing shareholders carry part of the bill.
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