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Monday, October 26, 2026Updated 15:09 UTC

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Meta announces $95 billion stock offering to fund AI expansion

Source: CNBC · Oct 26, 2026 14:05 UTC

Trading floor of the New York Stock Exchange with banks of monitors — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Meta plans to raise $95 billion to fund AI infrastructure and superintelligence, as Nvidia, AMD and Broadcom eye up to $5 billion in shares.

Read the full story at CNBC

Ground Level News gathers headlines from public news feeds. This page shows a short summary only; the full article and all rights belong to CNBC.