Meta

META

Meta plans to sell up to $95 billion in new stock to raise money for its AI infrastructure buildout.

META

Meta's $25 billion share sale was oversubscribed 5x, with demand for about five times the available shares, as the company seeks $98 billion for AI spending. The 15 largest investors in the sale accounted for roughly 70% of shares, according to Bloomberg sources.

NVDA

Nvidia is buying $3 billion of stock in its customer Meta, which plans to run more of its AI agents on Nvidia hardware. The investment comes as Meta increases spending on Nvidia chips.

META

Meta is among the big tech companies whose AI spending commitments have raised investor skepticism, with the five largest data center players committing over $3 trillion in spending. The company also faces a UK CMA probe into whether it imposed exploitative terms on publishers and advertisers for AI development.