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Meta raised its overall fundraising target from $95B to $97.5B, comprising $12.5B in preferred stock, $25B in common stock and up to $60B through an at-the-market offering. Meta said Nvidia, AMD and Broadcom had expressed nonbinding interest in buying as much as $5B of common shares combined.
Meta said Nvidia, AMD and Broadcom had expressed nonbinding interest in buying as much as $5B of common shares combined.
Meta raised its overall fundraising target from $95B to $97.5B, the largest capital raise in its history, made up of $12.5B in preferred stock, $25B in common stock and up to $60B through an at-the-market offering.
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