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Meta launches $35 billion stock offering to fund AI expansion

Oct ⁠26 (Reuters) - ⁠Meta on ‌Monday launched public ​offerings of ⁠about $35 ⁠billion in common ⁠stock ‌and ⁠convertible preferred ​stock, ‌as the ⁠Facebook ​parent ⁠seeks to ​finance its costly AI ⁠expansion.

The Star MalaysiaReuters查看原文 ↗
Meta公司启动350亿美元股票发行计划,为人工智能扩张提供资金。

FILE PHOTO: The logo of Meta at the Meta Lab in Los Angeles, California, U.S., May 20, 2026. REUTERS/Daniel Cole/File Photo

Oct ⁠26 (Reuters) - ⁠Meta on ‌Monday launched public ​offerings of ⁠about $35 ⁠billion in common ⁠stock ‌and ⁠convertible preferred ​stock, ‌as the ⁠Facebook ​parent ⁠seeks to ​finance its costly AI ⁠expansion.

(Reporting by Jaspreet ​Singh ⁠in ​Bengaluru; ‌Editing by ​Leroy Leo)

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