Meta looks to raise up to $95 billion from stock sales to fund its huge AI build-out

Source: Business Insider

Meta CEO Mark Zuckerberg. Finn Gomez/Getty ImagesMeta is looking to raise up to $95 billion from selling stock to fund its massive AI buildout. The tech giant said in a Monday filing that it has launched about $35 billion in equity offerings and plans to secure up to $60 billion from an at-the-market program of new nonvoting Class C shares.