Meta upsizes equity raise to nearly $98 billion to fund its AI investments
emmanuelvivier · x · 2026-10-28
Meta has upsized its equity offering to nearly $98 billion, with proceeds earmarked to fund the company's massive AI investments — a signal of the scale of its compute and research spending.
More from Venture
- Anthropic Files S-1/A Amendment with SEC, Moving Ahead with IPO Plans — rohanpaul_ai · 2026-11-03
- World's largest multistrat hedge fund asks Substack author for bulk access; he refuses — firstadopter · 2026-11-03
- Y Combinator-backed PDF startup Extend says ARR has hit 8 figures — ycombinator · 2026-11-03
- Bittensor Subnet Engy Undercuts CoreWeave Inference Pricing by Up to 89% — markjeffrey · 2026-11-03
- AI agents are 'customers with a credit card and no eyes' — and AEO is the new battleground — ramagetime · 2026-11-03
- Anthropic Q3 Figures Pose Key Question: Did OpenAI Slow Equally or Lose Share? — dbreunig · 2026-11-03