Timeline · newest first
- Oct 2620:25
Meta Plans Up to $95 Billion Raise to Fund AI Buildout
The $95 billion lands in two steps, matching Meta's $135–145 billion 2026 capex outlook, with chip suppliers indicating interest in subscribing.
- Oct 2207:55
Meta Q3 Revenue Hits Record $64.6B, Creates Class C Shares to Fund AI
Reuters reported on Oct 22 that Meta shares fell about 3% in premarket trading on Thursday: if the losses held, the company was set to erase about $50 billion in market value.
™