Meta Plans $35 Billion Stock Sale Within a $95 Billion AI Funding Plan

Meta plans a $35 billion stock offering to help fund its AI buildout, the Wall Street Journal reported October 26, as part of a plan to raise up to $95 billion, per CNBC. Reuters reported October 27 that Nvidia will invest $3 billion in the offering. Size and pricing remain unsettled, and new shares dilute existing holders.