Report
Meta announces $95 billion stock offering to fund AI buildout
Semafor reports about $60 billion will come from new nonvoting shares, intended to preserve Zuckerberg’s control.
TLDR
Meta announced a $95 billion stock offering to fund its AI buildout, its first issuance of new shares since 2013, Semafor reports. About $60 billion will come from nonvoting shares, which Semafor says would let Meta raise money without diluting CEO Mark Zuckerberg’s control stake.
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