Meta to sell up to $95B in stock to finance AI infrastructure buildout

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Meta to sell up to $95B in stock to finance AI infrastructure buildout

Meta Platforms Inc. will sell up to $95 billion worth of stock to finance its data center projects. The fundraising initiative, which the company announced today, will kick off with a series of transactions cumulatively worth $35 billion. About two-thirds of that sum will come from the sale of common stock. Meta said Nvidia Corp., […] The post Meta to sell up to $95B in stock to finance AI infrastructure buildout appeared first on SiliconANGLE .

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