Meta (META.US) Expands Its AI Spending "Ammunition Depot" Again! Plans to Launch $95 Billion Equity Financing

Zhitong Finance APP has learned that Meta (META.US) is seeking up to $95 billion in equity financing to fund its artificial intelligence (AI) spending. The company said in a statement on Monday that it will issue approximately $35 billion of common stock and preferred stockabout $22.5 billion of Class A common stock through forward sale agreements, and approximately $12.5 billion of depositary shares representing Class A mandatory convertible preferred stock.