Meta Raises Share Sale Target to Approximately 98 Billion Dollars

Meta Platforms Inc. has raised its planned share sale target to approximately 98 billion dollars to finance artificial intelligence infrastructure and personal super intelligence projects, marking one of the largest capital offerings in history.

According to a statement released late Monday, Meta Platforms has increased its planned share sale to support artificial intelligence infrastructure and personal super intelligence investments. Within this scope, the company carried out the sale of 25 billion dollars worth of common stock and 12.5 billion dollars in preferred stock.