Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times

Meta weighs big equity raising to finance AI infrastructure: FT

Meta is considering raising tens of billions of dollars in a stock offering as it seeks new sources of capital to fund the company's AI ambitions, the Financial Times reported on Friday.

The report comes after Alphabet ‌moved to ⁠raise $84.75 billion ⁠in upsized equity offerings, as Big Tech competes to build data centers and capitalize on growing demand for AI.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.