Meta’s $25 Billion Stock Sale Ended Five Times Oversubscribed

Meta Platforms Inc. sold $25 billion in shares in an offering that received orders for approximately $125 billion, according to people familiar with the transaction. The company is using proceeds from the sale and other fundraising to finance artificial intelligence development. Meta had previously announced plans to raise $98 billion for AI-related capital expenditures.

• Bloomberg — Meta’s $25 Billion Stock Sale Ended Five Times Oversubscribed

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