16:36 - 26.10.2026
October 26, Fineko/abc.az. Meta Platforms Inc. is aiming to raise up to $95 billion through stock sales as it seeks investor backing to maintain a leadership position in the artificial intelligence race.
According to company statements, Meta plans to offer approximately $35 billion in common and preferred shares, alongside up to $60 billion through an at-the-market (ATM) program offering non-voting Class C shares.
CEO Mark Zuckerberg has committed hundreds of billions of dollars toward AI infrastructure and development. The company also unveiled its personal AI agent, "Muse," and its advanced AI model, "Muse Wonder," designed to compete directly with ChatGPT and Claude.
26 October 2026
26 October 2026
26 October 2026
26 October 2026
26 October 2026