Meta weighs big equity raising to finance AI infrastructure, FT reports

June 5 : Meta is considering raising tens of billions of dollars in a stock offering as it seeks new sources of capital to fund the company’s AI ambitions, the Financial Times reported on Friday.

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Meta weighs big equity raising to finance AI infrastructure, FT reports

Meta weighs big equity raising to finance AI infrastructure, FT reports

People walk behind a logo of Meta Platforms company, during a conference in Mumbai, India, September 20, 2023. REUTERS/Francis Mascarenhas

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June 5 : Meta is considering raising tens of billions of dollars in a stock offering as it seeks new sources of capital to fund the company’s AI ambitions, the Financial Times reported on Friday.

Source: Reuters

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